$525,000
For Sale

2805 KINGMAN STREET

Metairie, LA 70006
3756 sqft | 8 beds | 4 baths | 0.14 acres | #2440595
Browse 31 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Solid Investment Opportunity: Fully Rented Fourplex in Prime Metairie Location! Calling all savvy investors! Don't miss this chance to own a well-maintained fourplex in a highly desirable Metairie location. This property boasts a strong rental history and offers excellent potential for continued income generation. Conveniently situated near shopping centers, hospitals, restaurants, and more. This desirable location ensures consistent tenant demand. Each unit features two bedrooms, one bathroom, laundry hookups for added convenience, and a private back patio for tenant enjoyment. The property is currently generating income with all units occupied. Two long-term tenants have been in place since 2013, offering stability and potentially lower vacancy rates. Offers two different floorplans. With off-street parking, a valuable amenity for tenants in Metairie. Depending on current rental rates, there may be room to adjust rents to market value, increasing your overall return on investment. This is a fantastic opportunity to add a stable and income-producing asset to your portfolio. Don't miss out! Contact us today for more information and a private showing. Please note: Washer and dryers are excluded from the sale. Explore one of the four units of the property virtually: https://bit.ly/2805KingmanC

  • Property Details
      • Lot DescriptionCityLot, RectangularLot
      • Property ConditionVeryGoodCondition
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Property SubtypeQuadruplex
      • CountyJefferson
      • Original List Price$575,000
      • MLS #2440595
      • MLS #2440595
      • Acres0.1377
      • Utility SourcePublic
      • Cost525000
      • Exterior MaterialsFence
      • StyleOther
      • Square Feet3756
      • Year Built1978
      • FoundationSlab
      • Bedrooms8
      • Bathrooms4
      • Full Baths4

Location

Christian Perez | Star RealtyReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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