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Key Details
Sold Price $2,900,000
Property Type Other Types
Sub Type Multifamily 5+
Listing Status Sold
Purchase Type For Sale
Subdivision Gentilly
MLS Listing ID 2024003931
Sold Date 06/19/24
HOA Y/N No
Year Built 1970
Lot Size 1 Sqft
Acres 1.45
Property Sub-Type Multifamily 5+
Source ROAM MLS
Property Description
SELLER FINANCING OPPORTUNITY This property consists of five townhouse style apartment buildings totaling approximately 34,000 sf of building area. These five buildings are sitting on six parcels of land totaling approximately 63,000 sf. There are 28 two story apartment units of approximately 980 sf of living area with 2 bedrooms and 1.5 baths. Property Highlights - New roofs - Individually metered for water and electricity - Tenants pay all utilities - Each unit has a washer and dryer hook up - Long term tenants - Long term owner - Several units are Section 8 units - Professionally managed - Some updated appliances For CA and Financials visit: https://dealroom.realnex.com/ca.aspx?data=%2f0pASgiIq3rLQh5FkwXiIQ%3d%3d
Location
State LA
County Orleans
Community Gentilly
Area 1.45
Direction From Kenner drive East on I-10 and get on I-610. Get off on Franklin Ave towards the Lake (North). Take a Left on Allen Toussaint Blvd, then take a right on Arts St. You will see them on the left.
Interior
Cooling Central Air
Flooring Other
Fireplace No
Exterior
Garage Spaces 40.0
Total Parking Spaces 40
Garage No
Building
Lot Description Level
Foundation Slab
Water Public
New Construction No
Others
Tax ID 38W414814-19
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