2805 KINGMAN ST METAIRIE, LA 70006

Features

• Price/sqft: $139
• Lot Size: 0.1377 acres
• Total Units: 4
• Heating: Central Furnace

Facts

• Year Built: 01/01/1978
• Property ID: 869873859
• MLS Number: 2440595
• Parcel Number: 0-82-0035794
• Property Type: Multi-family (5 or more units)
• County: Jefferson
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Solid Investment Opportunity: Fully Rented Fourplex in Prime Metairie Location! Calling all savvy investors! Don't miss this chance to own a well-maintained fourplex in a highly desirable Metairie location. This property boasts a strong rental history and offers excellent potential for continued income generation. Conveniently situated near shopping centers, hospitals, restaurants, and more. This desirable location ensures consistent tenant demand. Each unit features two bedrooms, one bathroom, laundry hookups for added convenience, and a private back patio for tenant enjoyment. The property is currently generating income with all units occupied. Two long-term tenants have been in place since 2013, offering stability and potentially lower vacancy rates. Offers two different floorplans. With off-street parking, a valuable amenity for tenants in Metairie. Depending on current rental rates, there may be room to adjust rents to market value, increasing your overall return on investment. This is a fantastic opportunity to add a stable and income-producing asset to your portfolio. Don't miss out! Contact us today for more information and a private showing. Please note: Washer and dryers are excluded from the sale. Explore one of the four units of the property virtually: https://bit.ly/2805KingmanC