Investor’s Dream – 4 Fourplexes
Rare opportunity to acquire four income-producing fourplexes being offered together as a package deal MLS #2518525, 2518530, and 2518533. With a new roof installed in 2022 and over 50% of the units renovated in the last two years, much of the heavy lifting has already been done. Current monthly rents total $15,619 with 5 vacancies, many of which have been recently spruced up and 3 are currently tenant ready. Significant upside potential to reach approximately $25,800 per month under Section 8 payment standards. This is a strong value-add investment with both stable cash flow and room for growth. Don’t miss the chance to own a solid multi-family portfolio with immediate income and long-term potential! Do not miss out on this awesome addition to any portfolio. Priced below recent appraisal. Flood insurance runs approximately $3,600 per building annually.
195 days
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15
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0
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Zillow last checked:
Listing updated:
Listed by:
Meghan Mercadel504-940-4752,
NOLA Property Collective, LLC504-940-4752,
Aaronesia Christophe504-314-0038,
NOLA Property Collective, LLC
Source: GSREIN,MLS#: 2536613
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 13
Full bathrooms: 4
1/2 bathrooms: 3
Heating
Central
Cooling
Central Air
Interior area
Total interior livable area: 5,342 sqft
Property
Parking
Total spaces: 3
Parking features: Carport, Off Street, Three or more Spaces
Has carport: Yes
Features
Levels: Two
Stories: 2
Pool features: None
Lot
Size: 6,838 Square Feet
Dimensions: 56 x 121 x 58 x 120
Features: City Lot, Rectangular Lot
Details
Parcel number: 513615601
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Architectural style: Other
Property subtype: Quadruplex, Multi Family, Multi Family
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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