6 Unit Investment Opportunity in Jefferson!

Jefferson Parish, Jefferson, LA, 70121
Sold
Listed at: April 30th, 2024
Price
$449,000
Sq. Footage
4237
Type
Multifamily
Parking
Off street
Year build
1980
Lot size
acres
Bedrooms
6
Bathrooms
6
Half Bathrooms
0
Summary

Investment Opportunity in Jefferson

  • 🏠 Address: 237 Central Ave, Jefferson, LA 70121
  • 🏢 Property Type: 6 Unit Building
  • 💰 Potential Monthly Rent: $6,600
  • 🛏️ Bedrooms: 6
  • 🛁 Bathrooms: 6
  • 📐 Total Square Footage: 4,237 sq ft
  • 🌊 Flood Zone: X

This property presents a lucrative investment opportunity in Jefferson, Louisiana.

Key Features:

  • Two Separate Buildings: One building comprises 4 units with a total of 2827 sq ft, while the other building houses 2 units with a total of 1410 sq ft, providing ample space and flexibility.
  • Unit Size: Each unit averages 706 sq ft, offering comfortable living spaces for tenants.
  • Utilities: With 6 separate water and electrical meters, tenants can enjoy individual utility management. Shared Laundry room for all units.
  • Parking: Off-street parking ensures convenience for residents.
  • Lot Size: Situated on a large lot, offering potential for development or expansion.
  • Flood Protection: Located in an X-flood zone, offering added security against flooding risks.

Additional Details:

  • Electrical: The property currently features knob and tube electrical wiring.
  • Cooling: Window units provide cooling throughout the units.

This property presents an excellent opportunity for investors looking to expand their portfolio or enter the rental market. With its potential rental income and favorable location, don't miss out on this Jefferson investment gem!

Call 504-920-4747

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Andrew Rodriguez

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Disposition manager