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4289-93 LAC SAINT PIERRE Drive, Harvey, LA 70058
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$2,500,000
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Home Details for 4289-93 LAC SAINT PIERRE Drive
Price
$2,500,000
Type
Condo/Townhome
Bedrooms
48
Total Bathrooms
40.0
Full Bathrooms
32.0
Half Bathrooms
16.0
Year Build
1984
Sq. Ft.
26400
County
Jefferson
MLS®️ Listing#
2432818
On exitrealty.com
387 days
Property Description
SELLER FINANCING OFFERED 5% INTEREST RATE! 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.
- Parking
- Assigned
- Off Street
- Parking Lot
- Cooling Information
- Central Air
- Heating Information
- Central
- Water Features
- Public
Listing Courtesy: Bridgewater Realty Advisors, LLC - 504-901-0463
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