Thank you
Bryce Danna-marullo
Bridgewater Realty Advisors, LLC
504-298-8631
SELLER FINANCING OFFERED. 100% occupied 24-unit multi-family property located in Harvey, LA. This well-maintained 24-unit complex consists of a mix of 2 bed 1.5 bath units and 2 bed 2 bath units and includes 4 parcels of vacant land to build additional units. Based on market rent comparables included in this OM, there is room to increase rental rates to $1,350/mo. Each unit is condo’d. Harvey is a highly desirable market for both renters and investors alike. Multifamily properties in Harvey generally experience lower turnover and rent out extremely quick and 4289-93 Lac St. Pierre Drive is no exception. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Property amenities include a well-kept swimming pool, tennis court, washer & dryers in each unit, and ample parking for tenants. Our insurance broker advised it was only $400-500 additionally on the GL policy per year to insure the pool. In sum, 4289-93 Lac St. Pierre Drive represents an extraordinary investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.
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Total Bedrooms : 48
Full Baths: 32
Half Baths: 16
Water Source : Public
Sewer : Public Sewer
Total Square Feet Living :26400
Total Rooms: 0
Roof : Shingle
Exterior Property Features : Balcony,Courtyard,Fence,Tennis Court(s)
Cooling Features: Central Air
Heating Features: Central
Year Built: 1984
Roof: Shingle
Balcony,Courtyard,Fence,Tennis Court(s)
Lot Features: Corner Lot,City Lot
SQ ft: 26,400
Source Listing Status: Active
Property Subtype: Apartment
Building Exterior Type: Brick,Wood Siding
Foundation Details: Slab
Property Age: 40
Property Condition: Very Good Condition,Resale
Levels or Stories: Two
Original List Price: $2,600,000
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Velva Street, Harvey, LA,70058 | $150,000 | -- | -- | 125,000 | 2.87 Acres |
1749 Gretna Boulevard, Harvey, LA,70058 | $375,000 | -- | -- | 40,000 | 0.689 Acre |
Gretna Boulevard, Harvey, LA,70058 | $440,000 | -- | -- | 50,000 | 1.15 Acres |
Edison Avenue, Harvey, LA,70058 | $30,000 | -- | -- | -- | -- |
730 Bellanger Street, Harvey, LA,70058 | $50,000 | -- | -- | -- | 0.2013 Acre |
LOTS 1-50 Broadway Avenue, Harvey, LA,70058 | $150,000 | -- | -- | 125,000 | 2.87 Acres |
1533 Rosewood Drive, Harvey, LA,70058 | $169,000 | -- | -- | -- | -- |
1842 E Squirewood Drive, Harvey, LA,70058 | $115,900 | -- | -- | 9,670 | 0.2 Acre |
2544 Eastview Drive, Harvey, LA,70058 | $244,000 | 3 | 2 | 2,076 | 0.1377 Acre |
2309 Alex Korman Boulev.., Harvey, LA,70058 | $160,000 | 10 | 8 | 4,400 | -- |
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ByOwner last updated this listing 04/29/2024 @ 14:00
MLS: 2432818
LISTED BY: Bryce Danna-Marullo, Bridgewater Realty Advisors, LLC
SOURCE: NOMAR
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.