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BACK ON MARKET! Introducing 5636-38 E. Judge Perez Drive, a mixed- use commercial/residential property located in Violet, LA. This well-maintained 14-unit building consists of (7) 1 Bedroom 1 Bathoom units on the second floor and (7) commercial units on the ground floor. The convenience store located in the front of the building occupies (3) of the commercial units with a monthly rent of $3,000. Building has a NEW ROOF that was put on in 2023. 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. Rents on the second story residential units have been raised from $700 to $800 and for units A & B the rent has been increased to $1,147 per month. The market rate for the commercial units is $1,000 per month with the end cap taking up 3 spaces for $3,000 per month. For added convenience, ample off-street parking is available, eliminating the hassle of finding a parking spot and enhancing the overall living experience. In sum, 5636-38 E. Judge Perez 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: Off Street
Lot Features : City Lot,Rectangular Lot
Property Condition : Very Good Condition
12 Unit(s)
Heating : Yes.
Heating System : Central,Window Unit
Cooling: Central Air,Window Unit(s)
Construction Materials: Brick Veneer,Frame
Foundation Details: Slab
Levels : Two
Roof Type: Shingle
PROPERTY DETAILS
Street Address: 5636 E JUDGE PEREZ Drive
City: Violet
State: Louisiana
Postal Code: 70092
County: St. Bernard
MLS Number: 2478011
Year Built: 1985
Courtesy of Bridgewater Realty Advisors, LLC
City: Violet
State: Louisiana
Postal Code: 70092
County: St. Bernard
MLS Number: 2478011
Year Built: 1985
Courtesy of Bridgewater Realty Advisors, LLC
Courtesy of Southeast Commercial of MS, LLC