$564,000
For Sale

97 TRACE LOOP

Mandeville, LA 70448
4070 sqft | 12 beds | 8 baths | #2472876
Browse 25 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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

Christian Perez | Star RealtyReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
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.

Estimated Monthly Payment
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Loan Amount
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