$1,725,000
$25K PRICE DROP

Estimated payment $9,562/month

Total Views 11,036
60 Beds
54 Baths
15,826 Sq Ft
$109 Price per Sq Ft

Highlights

  • In Ground Pool
  • Metairie Academy For Advanced Studies Rated A-
  • Central Heating and Cooling System

About This Home

YOU CAN NOW PURCHASE THIS BUILDING INVIDUALLY FROM THE OTHER, buying as a package is optional! 2221 N. Hullen Street is a 18-unit multifamily property located in Metairie, LA. This value add complex consists of a mix of 2 bed 1 bath units, 2 bed 1.5 bath units and 1 bed 1 bath units with addition of a coin operated laundry room in each building. Based on market rent comparables included in this OM, there is room to increase rental rates to $1,350/mo for the larger units. Metairie is a highly desirable market for both renters and investors alike. Multifamily properties in Metairie generally experience lower turnover and rent extremely quick and 2205/2221 N Hullen is no exception.

Property amenities include a well-kept swimming pool, laundry room in each building, washer & dryer hookups in several units, and ample parking for tenants. New roof as of 2022. Seller now offering each property individually and you DO NOT have to buy as package with the other property on N Hullen now.

Listing Agent

Mason McCullough

Bridgewater Realty Advisors, LLC License #NOM:995714063 Listed on: 12/09/2024

Co-Listing Agent

BRYCE DANNA-MARULLO

Bridgewater Realty Advisors, LLC License #NOM:995705186

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $419

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 15,826 Sq Ft Home
  • Property has 3 Levels

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Internet Available

Additional Features

  • In Ground Pool
  • Property is in average condition
  • Outside City Limits

Listing and Financial Details

  • Assessor Parcel Number per assessor

Community Details

Overview

  • 18 Units

Recreation

  • Community Pool

Property Details

Home Type

Apartment

Est. Annual Taxes

$419

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Apartment Complex
  • Style: Other
  • Condition: Avg
  • ADA Features: No
  • Legal Description: LOTS 206 207 208 209 ATHANIA PL ANNEX & LOTS 212 & 213 & 214 & 215 ATHANIA PLACE ANNEX
  • Lp Amt Sq Ft: 109.00
  • Building Stories: 3.00000
  • Unit Level: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Estimated Living Area: 15826
  • Total Sq Ft: 15826

Exterior Features

  • Pool Type: Community, Inground
  • Exterior: Vinyl Siding
  • Foundation: Slab
  • Roof Type: Flat, Shingle

Garage/Parking

  • Car Storage: Lot, Off Street Parking
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Central
  • Meter Set Up: Other
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 17574
  • Parcel #: per assessor

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Multi Family

  • Total Bedrooms All Units: 60
  • Total Full Baths All Units: 36
  • Total Half Baths All Units: 18
  • Total Rent All Units: 16300
  • Total Units: 18

Map

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $419 $76,050 $13,370 $62,680
2023 $10,004 $76,050 $13,370 $62,680
2022 $9,743 $76,050 $13,370 $62,680
2021 $9,049 $76,050 $13,370 $62,680
2020 $8,985 $76,050 $13,370 $62,680
2019 $9,236 $76,050 $13,370 $62,680
2018 $8,624 $76,050 $13,370 $62,680
2017 $8,624 $76,050 $13,370 $62,680
2016 $8,457 $76,050 $13,370 $62,680
2015 $8,219 $73,070 $13,370 $59,700
2014 $8,219 $73,070 $13,370 $59,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold -- -- --
12/09/2024 12/09/24 For Sale $1,750,000 -- $111 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $1,600,000 None Listed On Document
Bargain Sale Deed $1,200,000 None Listed On Document
Bargain Sale Deed $1,100,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,590,000 Credit Line Revolving
Source: Public Records

Source: Gulf South Real Estate Information Network

MLS Number: 2478841

Gulf South Real Estate Information Network

APN: 0820014355