Investment opportunity with long-term rental history! This property offers potential for investors ready to take on a full renovation. Currently occupied by long-term, month-to-month tenants of over 30 years, generating a combined rental income of $1,225 per month. Property requires substantial cosmetic renovations and mechanical updates throughout. Seller will make no repairs. Property is being sold as-is, with inspections for buyer's informational purposes only. An opportunity for investors looking to renovate, reposition, and maximize future rental potential.
Listed By
Agency Name: Hospitality Realty
Agency Phone: 504-606-0466
Shown By
Agent Name: Betty Whitt
Agent Phone: (225) 938-1554
Agency Title: Burns & Co., Inc. REALTORS®
Estimated Payment
$ 570.84 per month $344.96 Principal & Interest $180.67 Property Tax $45.21 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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6725 Madewood Drive | MLS# 200HSC
This multi-family property located at 6725 Madewood Drive, Metairie, LA 70003 is currently listed for sale with an asking price of $155,000. Madewood Drive is located within the Jefferson Parish school district. Search Metairie real estate on bwhitt.burnsandco.com today.