FULLY RENTED 4 PLEX IN A FABULOUS LOCATION OF METAIRIE'S PONTCHATRAIN SHORES BETWEEN WEST ESPLANADE AND AVRON,EACH UNIT 2 BEDS 1.5 BATHS TWO STORIES IN EACH UNIT AND BEDROOMS ARE UPSTAIRS TOWNHOUSE STYLE WITH OFF STREET PARKING FOR 2 VEHICLES EACH UNIT AND LAUNDRY CLOSET IN EACH UNIT ,SERIOUS PRE-QUALIFIED INQUIRIES ONLY! THIS IS A GREAT INVESTMENT PROPERTY AND A CASH COW -PRICED TO SELL! SELLER WILL DO NO REPAIRS! OWNER/AGENT/BROKER
“Prime investment opportunity awaits with this four-unit property. Each unit boasts generous living spaces, comprising two bedrooms and one and a half baths, offering tenants comfort and convenience.
Solid Investment Opportunity: Fully Rented Fourplex in Prime Metairie Location! Calling all savvy investors! Don't miss this chance to own a well-maintained fourplex in a highly desirable Metairie location. This property boasts a strong rental history and offers excellent potential for continued income generation. Conveniently situated near shopping centers, hospitals, restaurants, and more. This desirable location ensures consistent tenant demand. Each unit features two bedrooms, one bathroom, laundry hookups for added convenience, and a private back patio for tenant enjoyment. The property is currently generating income with all units occupied. Two long-term tenants have been in place since 2013, offering stability and potentially lower vacancy rates. Offers two different floorplans. With off-street parking, a valuable amenity for tenants in Metairie. Depending on current rental rates, there may be room to adjust rents to market value, increasing your overall return on investment. This is a fantastic opportunity to add a stable and income-producing asset to your portfolio. Don't miss out! Contact us today for more information and a private showing. Please note: Washer and dryers are excluded from the sale. Explore one of the four units of the property virtually: https://bit.ly/2805KingmanC
The median home value in Metairie, LA is $232,200. This is higher than the county median home value of $179,700. The national median home value is $219,700. The average price of homes sold in Metairie, LA is $232,200. Approximately 57.44% of Metairie homes are owned, compared to 35.66% rented, while 6.91% are vacant. Metairie 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 Metairie real estate agent to arrange a tour today!
Metairie, Louisiana 70006 has a population of 144,822. Metairie 70006 is more family-centric than the surrounding county with 26.92% of the households containing married families with children. The county average for households married with children is 26.35%.
The median household income in Metairie, Louisiana 70006 is $55,221. The median household income for the surrounding county is $50,868 compared to the national median of $57,652. The median age of people living in Metairie 70006 is 40.8 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 45 degrees. The average rainfall is approximately 63 inches per year, with 0 inches of snow per year.