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$ 1,725,000
Est. payment | /mo
17,574 Acres Lot
$ 1,725,000
Est. payment | /mo
17,574 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID NO2478838
Lot Size 17574.000 Acres
Acres 0.4034
Property Sub-Type Multi Family
Property Description
NOW OFFERING AS INDIVIDUAL PURCHASES, buying as a package is optional! 2205 N Hullen St is a 18-unit multifamily property located in Metairie, LA. This value add complex consists of a mix of 2 bed 1 bath units, 2 bed 1.5 bath units and 1 bed 1 bath units with addition of a coin operated laundry room in each building. Based on market rent comparables included in this OM, there is room to increase rental rates to $1,350/mo for the larger units. Metairie is a highly desirable market for both renters and investors alike. Multifamily properties in Metairie generally experience lower turnover and rent extremely quick and 2205/2221 N Hullen is no exception. Property amenities include a well-kept swimming pool, laundry room in each building, washer & dryer hookups in several units, and ample parking for tenants. New roof as of 2022. Seller is now offering the ability to purchase each separate building instead of purchasing the package of 2.
Location
State LA
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Parking Lot
Roof Type Composition
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories 3
Others
Tax ID per assessor
Listed by Bridgewater Realty Advisors, LLC