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$ 315,000
Est. payment /mo
Pending
10686 LINCOLN BEACH BLVD New Orleans, LA 70127
8 Beds
6 Baths
4,182 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 4,182 sqft
Price per Sqft $75
MLS Listing ID 2532036
Style Other
Bedrooms 8
Full Baths 4
Half Baths 4
Construction Status Average Condition
HOA Y/N No
Year Built 1980
Property Sub-Type Quadruplex
Property Description
DISCOVER AN EXCELLENT INVESTMENT OPPORTUNITY WITH THIS FOUR PLEX LOCATED IN NEW ORLEANS EAST. EACH UNIT FEATURES TWO BEDROOMS, ONE FULL BATH, ONE HALF BATH, A COMFORTABLE LIVING ROOM, A BREAKFAST AREA AND A LAUNDRY ROOM---MAKING IT ATTRACTIVE FOR LONG TERM TENANT APPEAL. THE EXTERIOR BOASTS A COMBINATION OF BRICK AND SIDING, OFFERING DURABILITY WITH LOW MAINTENANCE.
THE PROPERTY INCLUDES SEPARATE ELECTRIC AND WATER METERS FOR EACH UNIT AND NO GAS SERVICE, SIMPLIFYING UTIILITY MANAGEMENT. OFF-STREET PARKING PROVIDES ADDED CONVENIENCE FOR RESIDENTS.
ALL UNITS ARE CURRENTLY LEASED AND THE AREA IS KNOWN FOR STRONG RENTAL POTENTIAL, MAKING IT EASY TO KEEP UNITS OCCUPIED. WHETHER YOU ARE LOOKING TO EXPAND YOUR INVESTMENT PORTFOLIO OR PLAN TO OWNER-OCCUPY ONE UNIT AND LET THE RENTAL INCOME OFFSET YOUR MONTHLY NOTE, THIS PROPERTY DELIVERS EXCEPTIONAL FLEXIBILITY. ADDITIONAL HIGHLIGHTS INCLUDE CURRENT INSURANCE AT APPROXIMATLEY $9000.00 PER YEAR IN A LOCATION THAT MAY NOT REQUIRE FLOOD INSURANCE. THE CURRENT OWNER DOES NOT CARRY FLOOD INSURANCE AT THIS TIME.
DON'T MISS THIS CHANCE TO OWN A SOLID INCOME PRODUCING PROPERTY IN A GROWING AND HIGHLY RENTALBLE NEIGHBORHOOD.
THE PROPERTY INCLUDES SEPARATE ELECTRIC AND WATER METERS FOR EACH UNIT AND NO GAS SERVICE, SIMPLIFYING UTIILITY MANAGEMENT. OFF-STREET PARKING PROVIDES ADDED CONVENIENCE FOR RESIDENTS.
ALL UNITS ARE CURRENTLY LEASED AND THE AREA IS KNOWN FOR STRONG RENTAL POTENTIAL, MAKING IT EASY TO KEEP UNITS OCCUPIED. WHETHER YOU ARE LOOKING TO EXPAND YOUR INVESTMENT PORTFOLIO OR PLAN TO OWNER-OCCUPY ONE UNIT AND LET THE RENTAL INCOME OFFSET YOUR MONTHLY NOTE, THIS PROPERTY DELIVERS EXCEPTIONAL FLEXIBILITY. ADDITIONAL HIGHLIGHTS INCLUDE CURRENT INSURANCE AT APPROXIMATLEY $9000.00 PER YEAR IN A LOCATION THAT MAY NOT REQUIRE FLOOD INSURANCE. THE CURRENT OWNER DOES NOT CARRY FLOOD INSURANCE AT THIS TIME.
DON'T MISS THIS CHANCE TO OWN A SOLID INCOME PRODUCING PROPERTY IN A GROWING AND HIGHLY RENTALBLE NEIGHBORHOOD.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street, Three or more Spaces
Pool None
Water Access Desc Public
Roof Type Asphalt,Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Two
Construction Status Average Condition
Others
Tax ID 10686-HAYNEBL
Special Listing Condition None
Listed by Coast to Coast Realty LLC