Remarks
Fully occupied 5-plex in Reserve, Louisiana offering immediate cash flow. Each unit features 2 bedrooms and 1.5 bathrooms with updated systems throughout. Major improvements within the last 5 years include HVAC units, hot water heaters, windows, refrigerators and Hardy board siding, just to name a few. Located in X-flood zone. Durable metal roof adds long-term value. Renovations to all units in 2022/2023. Tenants pay all utilities and provide their own washer/dryer. Great opportunity for investors seeking a stabilized, income-producing property.
Details
- Listing ID:
- NO2552338
- Parish
- St. John the Baptist
- Financing
- Owner Will Carry, Lease Purchase
- Assessment
- 0500183700
- Legal Desc
- LOT 1A2 SQ SUB AUDIFFRED COB 314 / 733 PORTION ORIGINAL LOT 1 OF SEC 44 T11S R7E AUDIFFRED PARTITION 149/633 100'X64.52'X64.77'X100' (APARTMENTS #A, B
- Parking:
- Parking Lot
Interior
- Cooling
- Central Air
- Heating
- Central
- Lot Dimensions
- 101x65
Exterior
- Construction
- Brick
- Roof
- Metal
![Image Description]()
Location
- Directions
- From Airline Hwy (US-61), head southeast/northwest toward E 22nd Street, turn onto E 22nd Street, travel towards river, right on LA-44 (River Road) continue for approximately 0.5 miles. right onto E 16th St. destination on the left Bounding Streets: HWY 44
- Parish
- St. John the Baptist
