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$ 739,900

Est. payment | -/mo

14 Beds

8 Baths

5,600 SqFt

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$ 739,900

Est. payment | -/mo

Save

14 Beds

8 Baths

5,600 SqFt

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $132

Subdivision Not A Subdivision

MLS Listing ID 2578899

Style Traditional

Bedrooms 14

Full Baths 8

Construction Status Very Good Condition

HOA Y/N No

Year Built 1980

Property Sub-Type Apartment

Property Description

Excellent investment opportunity in Marrero! This 8-unit multifamily property offers approximately 5,600 square feet of building area and is currently 100% occupied, providing immediate cash flow for the next owner. Current gross rental income is approximately $7,700 per month, or $92,400 annually, per seller plus monthly Laundry Area. With all units occupied and established rental income in place, this property presents a strong opportunity for investors looking to expand their portfolio with a stabilized income-producing asset. Conveniently located on the West Bank with off-street parking and access to surrounding shopping, employment, and major roadways. Offered at $739,000. Please do not disturb tenants.

Location

State LA

County Jefferson

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Balcony, Fence

Parking Features Driveway, Off Street

Pool None

Water Access Desc Public

Roof Type Shingle

Accessibility Accessibility Features

Porch Balcony

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 0420002717

Special Listing Condition None

Schools and Properties Nearby

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zacharyhbreaux@gmail.com

Learn More About LPT Realty

864 CARMADELLE ST Marrero, LA 70072