2805 KINGMAN Street $525,000

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    2805 KINGMAN Street Metairie, LA 70006

    • 8 Beds
    • 4 Baths
    • 3,756 sq. ft.
    • Multi-Family
    • MLS# 2440595
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    Views: 46 Days On Site: 253

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    Property Details

    Solid Investment Opportunity: Fully Rented Fourplex in Prime Metairie Location! Calling all savvy investors! Don't miss this chance to own a well-maintained fourplex in a highly desirable Metairie location. This property boasts a strong rental history and offers excellent potential for continued income generation. Conveniently situated near shopping centers, hospitals, restaurants, and more. This desirable location ensures consistent tenant demand. Each unit features two bedrooms, one bathroom, laundry hookups for added convenience, and a private back patio for tenant enjoyment. The property is currently generating income with all units occupied. Two long-term tenants have been in place since 2013, offering stability and potentially lower vacancy rates. Offers two different floorplans. With off-street parking, a valuable amenity for tenants in Metairie. Depending on current rental rates, there may be room to adjust rents to market value, increasing your overall return on investment. This is a fantastic opportunity to add a stable and income-producing asset to your portfolio. Don't miss out! Contact us today for more information and a private showing. Please note: Washer and dryers are excluded from the sale. Explore one of the four units of the property virtually: https://bit.ly/2805KingmanC

    • General Features
      • Pool Features None
      • Year Built 1978
    • Building Features
      • Room sTotal 0
      • Roof Other, Shingle
      • Number Of Units Total 4
      • Heating Y/N 1
      • Foundation Details Slab
      • Exterior Features Fence
      • Cooling Y/N 1
    • Property Features
      • Sewer Public Sewer
      • Parking Features Off Street
      • Lot Size Dimensions 50x120x50x120
      • LotSizeArea 0.1377
      • Lot Size Acres 0.1377

    Contact

    Janis Groetsch

    Janis Groetsch

    Associate

    995694128

    RE/MAX N.O. PROPERTIES

    New Orleans, LA

    Mobile Phone: 504-495-6078

    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: $525,000
    6/21/2024 10:38:42 AM Price Reduced Source: Multiple Listing Service New Value: $525,000 -8.7%
    3/26/2024 8:54:00 PM New in Database Source: Multiple Listing Service New Value: $575,000

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    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.