Welcome to an exceptional investment opportunity in a prime location! Situated on a sprawling 53 x 173 lot, this property features multiple single-family homes, each offering their own unique charm and potential. With one bedroom in each dwelling, this property presents a myriad of possibilities. Imagine the convenience of living in one unit while generating rental income from the other, or capitalize on the potential for two lucrative single-family rental properties on a single expansive lot. Nestled in a highly sought-after location, this property offers unparalleled convenience and accessibility to a variety of amenities, including shopping centers, dining establishments, parks, and transportation hubs. Whether you're an investor seeking a profitable venture or a homeowner looking to maximize your investment potential, this property promises endless opportunities. Don't miss your chance to own a piece of prime real estate in this thriving community!
Cute double located in X flood zone. 422 has recently been vacated. 424- has a long term tenant since 2015. 422- is 2 bed/1 bath. 424- is a 3 bed/1 bath camelback. Exterior paint has been recently touched up. Inside utility rooms. Central ac/heat. Precious front porch. Very well maintained. 24 hour notice for showings is required.
Looking for a solid investment with great returns? This well-maintained 4-Plex is the perfect opportunity to generate passive income. Key features include four one-bedroom units, three of which are currently rented, providing consistent cash flow with long-term tenants. Situated in a prime location within a desirable neighborhood, this property is low-maintenance with recent upgrades and off-street parking available. Whether you're an investor looking to expand your portfolio or just getting started in investing, don’t miss out on this income-producing gem!
PROPERTY HAS 2 HOMES ON 1 LOT OF RECORD - 1749 PENNY ST. AND 5620 FLORENCE ST.- SUCCESSION SOLD AS IS NO REPAIRS- TENANT OCCUPIED $1575.00 CURRENT MONTHLY RENTS ON BOTH HOMES- CONVENTIONAL FINANCING ONLY.
The median home value in Marrero, LA is $222,000. This is lower than the county median home value of $227,600. The national median home value is $338,100. The average price of homes sold in Marrero, LA is $222,000. Approximately 59.38% of Marrero homes are owned, compared to 31.56% rented, while 9.07% are vacant. Marrero real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Marrero real estate agent to arrange a tour today!
Marrero, Louisiana has a population of 31,928. Marrero is less family-centric than the surrounding county with 13.99% of the households containing married families with children. The county average for households married with children is 25.58%.
The median household income in Marrero, Louisiana is $43,677. The median household income for the surrounding county is $58,638 compared to the national median of $69,021. The median age of people living in Marrero is 43.3 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 43.8 degrees. The average rainfall is approximately 63.3 inches per year, with 0.1 inches of snow per year.