Remarks
Bank-owned multi-family property offering strong income potential with minimal repositioning. Previously generating approximately $6,566 per month at full occupancy, this asset presents an excellent opportunity to restore stabilized cash flow through lease-up. The property consists of five units, all currently vacant and ready for immediate occupancy. Overall condition is good, with several units featuring newer appliances and recent updates, minimizing upfront capital requirements. or investors seeking a lease-up opportunity with strong upside and the ability to control tenant placement from day one. Bank-owned property. Sold as-is. Seller will make no repairs or concessions.
Details
- Listing ID:
- NO2555980
- Parish
- Lafourche
- Assessment
- 0020490300
- Legal Desc
- LOT (40' X 180') N BY DR. L.E. MEYER; S BY MRS. ANDREW PRICE; E BY KNIGHTS OF PYTHIAS; W BY ST. CHARLES STREET (721-302). (1446-213; ENT. 885613)
Interior
- Cooling
- Window Units
- Heating
- Other
- Lot Dimensions
- 40 x 180
Exterior
- Construction
- Brick
- Roof
- Composition
Location
- Directions
- Bounding Streets: E 12th St and S Acadia Rd Images 13
- Parish
- Lafourche