$2,500,000
$100K PRICE DROP

4289 Lac Saint Pierre Dr Harvey, LA 70058

Estimated payment $13,915/month

Total Views 13,254
48 Beds
48 Baths
26,400 Sq Ft
$95 Price per Sq Ft

Highlights

  • Tennis Courts
  • In Ground Pool
  • Balcony
  • Gretna No. 2 Academy for Advanced Studies Rated A
  • Corner Lot
  • Courtyard

About This Home

SELLER FINANCING OFFERED 5% INTEREST RATE! 24-unit multi-family property located in Harvey, LA. This well-maintained 24-unit complex consists of a mix of 2 bed 1.5 bath units and 2 bed 2 bath units and includes 4 parcels of vacant land to build additional units. Based on market rent comparables included in this OM, there is room to increase rental rates to $1,350/mo. Each unit is condo’d. Harvey is a highly desirable market for both renters and investors alike. Multifamily properties in Harvey generally experience lower turnover and rent out extremely quick and 4289-93 Lac St. Pierre Drive is no exception. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Property amenities include a well-kept swimming pool, tennis court, washer & dryers in each unit, and ample parking for tenants. Our insurance broker advised it was only $400-500 additionally on the GL policy per year to insure the pool. In sum, 4289-93 Lac St. Pierre Drive represents an extraordinary investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.

Listing Agent

BRYCE DANNA-MARULLO

Bridgewater Realty Advisors, LLC License #995705186 Listed on: 02/05/2024

Co-Listing Agent

Mason McCullough

Bridgewater Realty Advisors, LLC License #995714063

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $970

Year Built

  • Built in 1984

Lot Details

  • Fenced
  • Corner Lot
  • Property is in very good condition

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 26,400 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 48 Bedrooms

Parking

  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Balcony
  • Courtyard

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • Community Pool

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$970

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 65000sqft
  • Co List Office Mls Id: BRALLC01
  • Co List Office Phone: (504) 298-8631
  • Architectural Style: Other
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Resale,None
  • Year Built: 1984
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 32
  • Half Bathrooms: 16
  • Total Bedrooms: 48
  • Living Area: 26400.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Pool Features: Community, In Ground
  • Construction Type: Brick, Wood Siding
  • Exterior Features: Balcony, Courtyard, Fence, Tennis Court(s)
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Very Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, Off Street, Parking Lot

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool

Lot Info

  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Map

Range of Values:

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Average Value
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List 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 $970 $4,070 $270 $3,800
2023 $558 $4,070 $270 $3,800
2022 $545 $4,070 $270 $3,800
2021 $515 $4,070 $270 $3,800
2020 $511 $4,070 $270 $3,800
2019 $515 $4,070 $270 $3,800
2018 $482 $4,070 $270 $3,800
2017 $463 $4,070 $270 $3,800
2016 $454 $4,070 $270 $3,800
2015 $458 $4,070 $270 $3,800
2014 $458 $4,070 $270 $3,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Price Changed $2,500,000 +100.0% $95 / Sq Ft
07/08/2024 07/08/24 Price Changed $1,250,000 -3.8% $95 / Sq Ft
05/16/2024 05/16/24 For Sale $1,300,000 -50.0% $98 / Sq Ft
02/05/2024 02/05/24 For Sale $2,600,000 -- $98 / Sq Ft
Source: ROAM MLS

Source: ROAM MLS

MLS Number: 2432818

APN: 0300009857