NOT LISTED FOR SALE
7 Beds
5 Baths
3,569 Sq Ft
1950 Built

Last Sold June 06, 2024

30 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Central Heating and Cooling System
  • Metairie Academy For Advanced Studies Rated A-
  • Window Unit Cooling System
  • Laundry Facilities

About This Home

As of June 2024

** PRICED TO SELL!** Income producing fourplex on large lot with single family cottage at front in Metairie one block from Airline Hwy! This fourplex includes three studio apartments with 1 bath, and a second floor 2 bedroom, 1 bath apartment, while the single family home at front includes 2 bedrooms and 1 bath and is currently rented for $1,100/month on a month-to-month lease. Both are fully occupied with a total rental income of $5,370/month. 2 bedroom unit and single family home have central air and heat while the remaining units have window units. All studio apartments recently renovated with new electrical, countertops, and kitchen cabinets. New sheetrock in the single family cottage, and new roofs on the fourplex building and single family home and a new paint job on the fourplex. Live in one unit of your choice and lease the rest to cover your mortgage, or add this property to your investment portfolio! Preferred flood zone X= Low insurance premium!

Last Agent to Sell the Property

Amanda Lewis

Axis Realty Group LLC License #995697313 Listed on: 05/06/2024

Last Buyer's Agent

Luis Ramos

Gulf South International, REALTORS, LLC License #912123376

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 37 x 120
  • Corner Lot
  • Property is in very good condition

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Masonite

Interior Spaces

  • 3,569 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Window Unit Heating System

Community Details

  • 5 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 1
  • Assessor Parcel Number 0820000369

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: 37 x 120
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1950
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Living Area: 3569.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick, Masonite, Vinyl Siding
  • Foundation Details: Raised, Slab
  • Property Condition: Very Good Condition
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 0820000369
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 1

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold -- -- --
05/06/2024 05/06/24 For Sale $459,000 -- $129 / Sq Ft
Source: ROAM MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2446875