97 TRACE LOOP
Mandeville, LA 70448
4070 sqft | 12 beds | 8 baths | #2472876
Description
Excellent Investment opportunity in the popular Greenleaves subdivision! This property consists of four spacious units totaling over 4000 square feet, each with 3 bedrooms and 2 bathrooms. All 4 units are professionally managed with qualified tenants in place with adjustable rents. Each unit includes features such as a wood-burning fireplace and in-unit laundry hookups with 3 of the 4 just renovated within the last 2 years with fresh paint, new LVP flooring, refreshed cabinets, and more. There is ample tenant and visitor parking along with a open park-like rear yard for tenants to enjoy. Recent property updates include new electrical panels and newer AC units both inside and out. The owner is also willing to offer a $12000 credit for a new roof! The complex is in an area with walking paths, bike trails, ponds, and parks, and is just minutes from I-12, the Causeway, Lakefront, Old Mandeville shops and restaurants, the Trace, and popular music and community events, as well as being in a high-demand school district.With so much to offer, this could be the perfect property to add to your portfolio or help to start your reaching your investment goals!
Property Details
- Lot DescriptionCityLot, RectangularLot
- SubdivisionGreenleaves Trace
- Property ConditionVeryGoodCondition
- High SchoolFontainebleau
- Property TypeMulti-Family
- StyleTraditional
- Sewer InformationPublicSewer
- Middle SchoolGayle Sloan
- CountySt Tammany
- Property SubtypeQuadruplex
- Elementary SchoolWoodlake
- Original List Price$579,000
- MLS #2472876
- MLS #2472876
- Utility SourcePublic
- Cost564000
- Square Feet4070
- Year Built1983
- FoundationSlab
- Bedrooms12
- Bathrooms8
- Full Baths8
Location
Legal
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Last Updated: . Source: GSREIN
Listing Courtesy
Listing Agent: Wayne Songy (#SONGWAYN)
Listing Office: Wayne Songy & Associates (#SONY01)
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