Metairie LA Multi Family for Sale

ADDITIONAL INFORMATION

Triplex in PRIME Metairie Location! Walking distance to parade route and restaurants in the area. Beautiful live oak tree! New roof with three excellent tenants who are consistent and clean.

ADDITIONAL INFORMATION

Beautiful Bucktown double built in 2022 sits right off of the levee. Each unit has 2 bedrooms and 2 bathrooms with a large open concept living/dining into the kitchen. Large closets, washer/dryer in unit. Dedicated parking spots at the back of the double one per unit, could fit two cars behind each other. This double is just down the street from R&O's, Station 6 and so much more.

ADDITIONAL INFORMATION

PRICE REDUCTION! Introducing 2205 & 2221 N. Hullen Street, a 36-unit multifamily property (two 18-unit buildings) located in Metairie, LA. This well maintained complex consists of a mix of 2 bed 1 bath units, 2 bed 1.5 bath units and 1 bed 1 bath units with addition of a coin operated laundry room in each building. Based on market rent comparables included in this OM, there is room to increase rental rates to $1,350/mo for the larger units. Metairie is a highly desirable market for both renters and investors alike. Multifamily properties in Metairie generally experience lower turnover and rent extremely quick and 2205/2221 N Hullen is no exception. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Property amenities include a well-kept swimming pool, laundry room in each building, washer & dryer hookups in several units, and ample parking for tenants. New roof as of 2022. In sum, 2205 & 2221 N. Hullen Street represents an extraordinary value-add investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.

ADDITIONAL INFORMATION

Back on the market due to Buyer's financing. Raised shotgun brick Double, only 1 owner, built in 1953 & never flooded! Rear yard access on each side leading to a detached 4 car carport built in 1978 with metal roof which includes 2 washers, 2 dryers, 2 utility sinks and additional independent storage spaces + 1 freezer on the left side. Additional benefits include a new roof on the house, hot water heater, 1 AC/heat WU & 1 AC WU all installed in 2022. Plus DBL insulated windows installed in 2009 by Window World with a transferable lifetime warranty & breaker box installed approx 5 years ago. North side unit includes a 5 burner gas stove, refrigerator, microwave & the South side has a gas cooktop, hood, wall oven, warming drawer, dishwasher, refrigerator & microwave! Original hardwood floors, believed to also be throughout except in kitchen & bathrooms, add valuable character. Relax on the back porch or have events under your large covered 40’ x 20’ carport (~overall total sq ft 3,208). Plenty of space in the walkable open attic. Home & carport includes a transferable termite contract w/Orkin. Great source of income with options to owner occupy and rent out 1 side, or rent out both sides! Other possibilities with RR3 zoning & abutting GO2 properties. Easy access to I-10, Airline, restaurants, groceries & more! Attached floor plan is available to view (front bedrooms only/no closets). All information is to be verified, this is a succession property & being sold as is. Property passed inspections & appraisal!

ADDITIONAL INFORMATION

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

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

This double in the Bridgedale area presents an interesting investment opportunity. One side has low rents due to a long-term tenant on a month-to-month lease. The property features a newer roof, which is a valuable update that reduces maintenance costs.Both sides of the double have newer kitchens with granite countertops, providing a modern and desirable feature for potential tenants. Each side also enjoys the benefit of a large yard.The location of this home is particularly convenient, situated in the heart of Metairie with easy access to the interstate. This allows for quick and easy commutes to downtown New Orleans and the airport, making it an attractive location for tenants.Overall, this double in the Bridgedale area offers a mix of potential rental income and a prime location, making it a promising investment opportunity.