Multi family or Light Industrial use

Industrial for Sale
Sale Pending
Catylist Listing ID: 30606156
Property Subtypes: Light Industrial
Status: Pending
Building Size (RSF): 3,472 SF
Gross Building Area: See Agent
Sale Price: $299,000
Unit Price: $86.12 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2020

Overview / Comments

BRING ME AN OFFER!!! Great investment property generating $2500 per month income. The property is zoned Light Industrial and suited for numerous commercial entities as well as it's current multi-family status with good monthly income. There is also additional vacant land on this property for room to build out another home for additional income. It can also be re-developed into commercial or industrial use. Measurements are approximate and not guaranteed. I have not personally measured the 3 properties.

Previously rented for $900, $1200, $2000 ($4100)

Recent improvements: 7200 Chef include new a/c system, roof repairs, pressure washed, back fence partial replacement, porch, door frame repainted and windows sanded and repainted, facia/soffet replaced where needed, front beam replaced.... 7208 Chef include all windows scraped to the wood and repainted, front pressure washed, newer sewer line under house, updated electrical box. 7206 include pressure washing, gutters cleaned and new downspout, sanded windows and repainted, new wooden container for water heater, a/c repaired and serviced.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Tax ID/APN: 41131844
Zoning: LIGHT INDUSTRIAL
Highway Access: Chef Hwy
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Parking Type: Other
Sprinklers: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,681 69,190 183,750
Median Age: 32.51 34.05 35.51
Households: 3,151 25,902 73,682

Contact

Photograph of Listing Agent

Darlene O Plaia

Prestige Homes Realty, LLC River Ridge, LA 70123
LACDB Member
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