7710 N CORONET COURT
New Orleans, LA 70126
15156 sqft | 36 beds | 30 baths | #2430142
Description
5.00% INTEREST RATE SELLER FINANCING available. Reach out for additional terms. $16,007 per month in gross income - all 3 bed 2.5 bath units renting for max $1,400/mo each. FULLY OCCUPIED.
Fully renovated 12-unit apartment complex at 7710-60 North Coronet Court in New Orleans, LA, offers a lucrative opportunity with a potential monthly rent of $16,007, ensuring a robust and immediate cashflow. The current monthly income of $16,007 supasses the 1% rule.
The property contains three (3) fully renovated, 2-story buildings that each contain four (4) units. Each unit is approximately 1,263 sf and contains 3 bedrooms and 2.5 bathrooms.
There are few properties in the New Orleans East market that offer fully renovated 3 bedroom 2.5 bathroom apartments, making this a highly sought after destination for tenants. Overall, thisis a solid investment opportunity with high inplace cash flow and a great addition to a multifamily portfolio.
Property Details
- Property ConditionExcellent, RepairsCosmetic, Resale
- Lot DescriptionCityLot, RectangularLot
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$1,265,000
- Property SubtypeApartment
- CountyOrleans
- MLS #2430142
- Cost1165000
- MLS #2430142
- Utility SourcePublic
- Square Feet15156
- StyleOther
- Year Built1974
- FoundationSlab
- Bedrooms36
- Bathrooms30
- Full Baths24
- Half Baths12
Location
Legal
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Last Updated: . Source: GSREIN
Listing Courtesy
Listing Agent: Bryce Danna-Marullo (#DMARBRYC)
Listing Office: Bridgewater Realty Advisors, LLC (#BRALLC01)
Listing Courtesy (Buyer)
Buyer's Agent: Lindsay Santana (#SANTLIND)
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.
