8002 TRAPIER AVE Active

New Orleans,LA 70127

$ 389000

8 Beds

4 Baths

900 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $432

MLS Listing ID 2461161

Style Traditional

Bedrooms 8

Full Baths 4

Construction Status Excellent

HOA Y/N No

Year Built 1970

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Thank you for viewing! Pictures of other properties are also shown in this listing. Please read entire public remarks..Income producing 4 plex off Hayne Blvd, fully occupied, and recently renovated. All units consists of 2 bedrooms 1 bath and are all flats. Two units down and 2 units upstairs. When building was renovated, all major components were replaced. New privacy fence and security system installed. Storage unit and covered parking comes with each unit. Carpeted bedrooms, tile living area. cathedral ceiling in living room. Unit living area is approximate and not guaranteed. Washer/dryer hookups inside unit. No smoking, no pets. Tenants pay all utilities. Convenient location in New Orleans East off Hayne Blvd. All 4 floorplans are identical, mirror images. Here's your opportunity to obtain a profitable investment portfolio. Portfolio includes 3 fully furnished single family vacation/corporate rentals, 2 doubles, and a single family residence. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Each property has been meticulously renovated, offering a turnkey investment opportunity. Offered at $3.5 million, this portfolio represents a rare opportunity in a thriving market. Prospective buyers must sign a confidentiality agreement and provide proof of funds or bank approval. Although measurements are deemed reliable, they are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry In Unit

Exterior

Exterior Feature Fence

Garage Covered,Off Street,One Space

Pool None

Water Access Desc Public

Roof Type Shingle

Parking Type Covered,Off Street,One Space

Building

Lot Description City Lot,Rectangular Lot

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Construction Status Excellent

Others

Tax ID 701278002TRAPIERAV18AD

Special Listing Condition None

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