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SELLER FINANCING OFFERED. 100% occupied 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.PROPERTY FEATURES
Water Source : Public
Sewer : Public Sewer
Parking Features: Assigned,Off Street,Parking Lot
Lot Features : Corner Lot,City Lot
Construction Materials: Brick,Wood Siding
Levels : Two
Zoning:Res
PROPERTY DETAILS
Street Address: 4289-93 LAC SAINT PIERRE Drive
City: Harvey
State: Louisiana
Postal Code: 70058
County: Jefferson
MLS Number: 2463982
Year Built: 1980
Courtesy of Bridgewater Realty Advisors, LLC
City: Harvey
State: Louisiana
Postal Code: 70058
County: Jefferson
MLS Number: 2463982
Year Built: 1980
Courtesy of Bridgewater Realty Advisors, LLC
Courtesy of Bridgewater Realty Advisors, LLC