1200 E JUDGE PEREZ Drive $575,000

    Close

    1200 E JUDGE PEREZ Drive Chalmette, LA 70043

    • 6 Beds
    • 5 Baths
    • 4,800 sq. ft.
    • Multi-Family
    • MLS# 2467041
    Favorite Share
    Views: 9 Days On Site: 54

    Go Tour This Listing

    Schedule A Showing

    Property Details

    A notable commercial/residential property is situated at the corner of E. Judge Perez and Palmisano, right across from Chalmette High School. The commercial space on the ground floor is rented to a restaurant for a gross of $2,700. Above, there are three (3), two-bedroom/one-bath apartments, each with market rents of $1,000. Family members occupy some of the residential units at abated rates. This attractive property features high visibility, substantial improvements, a high level of maintenance (new roof 2021), and is in superb condition, offering an enviable cap rate, making it an exceptional investment opportunity. If you're in search of that elusive positive cash flow, consider incorporating this into your portfolio immediately.

    • General Features
      • Pool Features None
      • Year Built 1974
    • Building Features
      • Room sTotal 0
      • Roof Other
      • Number Of Units Total 4
      • Heating Y/N 1
      • Foundation Details Slab
      • Cooling Y/N 1
    • Property Features
      • Sewer Public Sewer
      • Parking Features Driveway, Off Street, Three or more Spaces
      • Lot Size Dimensions 103 x 71
      • LotSizeArea 0
      • Lot Size Acres 0
      • Lot Features Corner Lot

    Contact

    Leanne LaPlace Evans

    Leanne LaPlace Evans

    Associate

    Louisiana

    RE/MAX Professional

    Baton Rouge, LA

    Mobile Phone: 225-993-9939

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Market Last 30 Days In This Postal Code

    Market information available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $575,000
    9/9/2024 4:12:00 PM New in Database Source: Multiple Listing Service New Value: $575,000

    Payment Calculator

    $0 per month
    Year Fixed, Interest
    Principal and Interest
    $0
    Property Taxes
    Homeowners' Insurance

    Home Price
    Down Payment
    * This payment calculator is intended for educational and planning purposes only.
    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Copyright 2024 New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency and status of all information. Data displayed is a portion of, and not a complete listing of all listing information published in the GSREIN Multiple Listing Service.

    NOMAR Terms and Conditions
    Copyright 2024 New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited.

    Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

    The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing. The user of this site is granted permission to copy a reasonable and limited number of copies to be used in satisfying the purposes identified in the preceding sentence.

    By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.


    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.