$1,010,000
$1,165,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
7710-60 N CORONET CT New Orleans, LA 70126
36 Beds
30 Baths
15,156 SqFt
Key Details
Sold Price $1,010,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 15,156 sqft
Price per Sqft $66
MLS Listing ID 2430142
Style Other
Bedrooms 36
Full Baths 24
Half Baths 12
Year Built 1974
Property Sub-Type Apartment
Property Description
5.00% INTEREST RATE SELLER FINANCING available. Reach out for additional terms. $16,007 per month in gross income - all 3 bed 2.5 bath units renting for max $1,400/mo each. FULLY OCCUPIED.
Fully renovated 12-unit apartment complex at 7710-60 North Coronet Court in New Orleans, LA, offers a lucrative opportunity with a potential monthly rent of $16,007, ensuring a robust and immediate cashflow. The current monthly income of $16,007 supasses the 1% rule.
The property contains three (3) fully renovated, 2-story buildings that each contain four (4) units. Each unit is approximately 1,263 sf and contains 3 bedrooms and 2.5 bathrooms.
There are few properties in the New Orleans East market that offer fully renovated 3 bedroom 2.5 bathroom apartments, making this a highly sought after destination for tenants. Overall, thisis a solid investment opportunity with high inplace cash flow and a great addition to a multifamily portfolio.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Off Street, Parking Lot, Three or more Spaces
Pool None
Roof Type Flat
Building
Lot Description City Lot, Rectangular Lot
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition None
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Bought with JW Property Services, LLC