6 plex in Heart of Metairie

Multi-Family for Sale
Catylist Listing ID: 30769368
Number of Units: 6 Units
Building Size (RSF): 4,500 SF
Gross Building Area: See Agent
Gross Land Area: 6,660 SF
Sale Price: $725,000
Unit Price: $120,833.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/2/2021

Overview / Comments

No Hurricane Damage! Rare 6 plex on 1.5 lots in the heart of Metairie. Iron work for the New Orleans look. Solid brick building built by an engineer. Never flooded and no roof damage during storms. Coin operated laundry room on site, off street parking for all tenants. New windows and Bahama shutters that are hurricane proof. Potential income much higher! Building consist of 5, 1 bedroom units and a 3/2 bedroom unit on ground floor.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 46987
Property Located Between: Veterans and I-10
Total Number of Buildings: 1
Property Condition: Excellent
Number of Stories: 2
Year Built: 1981
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 7
Laundry: Shared
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Zoning Description: C1
Lot Frontage: 60
Lot Depth: 111
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT 4 SQ BB BELMONT PLACE 9

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,225 143,241 309,131
Median Age: 34.29 41.65 39
Households: 10,921 63,056 129,364

Contact

Photograph of Listing Agent

Lawrence E Trunk

Larry Trunk Inc Metairie, LA 70003-4506
LACDB Member
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