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** NEW PRICE!** Income producing single family home on large lot with fourplex at rear in Metairie one block from Airline Hwy! This 2 bedroom, 1 bath cottage is currently rented for $1,100/month while the fourplex at the rear includes three studio apartments with 1 bath, and a 2 bedroom, 1 bath apartment. Both buildings are fully rented and the total rental income is currently $5,370/month. 2 bedroom unit and single family home have central air and heat while the studio apartments have window units. All of the studio apartments are fully renovated with new electrical, countertops, and kitchen cabinets. New roofs on the fourplex building and single family home and a new paint job on the fourplex, as well as new sheetrock in the single family home. Live in one unit and lease the rest to cover your mortgage, or add this property to your investment portfolio! Preferred flood zone X= Low insurance premium!

Listing ID2392695
Price$495,000$50K
StatusActive
Bedrooms2
Total Baths1
Full Baths1
SqFt 3,569
CountyJefferson
Year Built1997
Property TypeResidential
Property Sub TypeCondominium

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1 Percent Lists GNO
Metairie, LA 70002
United States
Phone: 504-515-0996

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