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Listed byCompass Uptown • Melissa B McClendon • 504-866-2785
$ 349,999
Est. payment /mo
Active
7820 MEANS AVE New Orleans, LA 70127
8 Beds
8 Baths
3,600 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $97
MLS Listing ID 2564664
Style Other
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N No
Year Built 1991
Acres 0.09
Lot Dimensions 40 x 100
Property Sub-Type Quadruplex
Source ROAM MLS
Land Area 3600
Property Description
100% Occupied Turnkey Investment Opportunity! Fully Occupied 4-Plex Producing $4,175 Per Month in Rental Income.
Looking to add immediate cash flow to your portfolio? This fully occupied fourplex is already generating $4,175 per month in rental income, allowing you to start earning from day one.
The property features four income-producing units with off-street parking, separate electric meters, and private outdoor space for select units. Several interiors have been updated with granite countertops, wood cabinetry, modern vanities, tile flooring, and spacious living areas. The functional townhouse floor plans, generous bedroom sizes, and 1.5 bathrooms in each unit make these very attractive to tenants.
With steady occupancy already in place, this property offers investors the opportunity to acquire a stabilized asset while exploring future upside through rental increases or continued property improvements.
Whether you're expanding your rental portfolio or purchasing your first multifamily investment, this fourplex is a strong opportunity to own an income-producing property with immediate returns.
Looking to add immediate cash flow to your portfolio? This fully occupied fourplex is already generating $4,175 per month in rental income, allowing you to start earning from day one.
The property features four income-producing units with off-street parking, separate electric meters, and private outdoor space for select units. Several interiors have been updated with granite countertops, wood cabinetry, modern vanities, tile flooring, and spacious living areas. The functional townhouse floor plans, generous bedroom sizes, and 1.5 bathrooms in each unit make these very attractive to tenants.
With steady occupancy already in place, this property offers investors the opportunity to acquire a stabilized asset while exploring future upside through rental increases or continued property improvements.
Whether you're expanding your rental portfolio or purchasing your first multifamily investment, this fourplex is a strong opportunity to own an income-producing property with immediate returns.
Location
State LA
County Orleans
Area 0.09
Interior
Cooling Central Air
Fireplace No
Exterior
Parking Features Assigned, Off Street, Parking Lot
Garage Spaces 3.0
Utilities Available Natural Gas Not Available
Total Parking Spaces 3
Garage No
Building
Lot Description Other
Foundation Slab
Water Public
Architectural Style Other
New Construction No
Others
Tax ID 39W000224
Virtual Tour https://www.propertypanorama.com/instaview/roam/2564664
