3300 SEINE Street, New Orleans, LA 70114 (MLS# NO2536613)

Location, Tax & Legal Info

Legal Desc

GARDEN OAKS SUB DIV SQ 1 PT B-1 OR LOT 1 56/58 X 120 3300/02/04/06 SEINE DR SEINE DR @ GARDEN OAKS DR

Remarks & Misc

Remarks

Investor's Dream - 4 Fourplexes Rare opportunity to acquire four income-producing fourplexes being offered together as a package deal MLS #2518525, 2518530, and 2518533. With a new roof installed in 2022 and over 50% of the units renovated in the last two years, much of the heavy lifting has already been done. Current monthly rents total $15,619 with 5 vacancies, many of which have been recently spruced up and 3 are currently tenant ready. Significant upside potential to reach approximately $25,800 per month under Section 8 payment standards. This is a strong value-add investment with both stable cash flow and room for growth. Don't miss the chance to own a solid multi-family portfolio with immediate income and long-term potential! Do not miss out on this awesome addition to any portfolio. Priced below recent appraisal. Flood insurance runs approximately $3,600 per building annually.

Office/Member/Contract Info

List AOR

NOMAR

Siding

Wood

Yes

Parking

Carport

Yes

Construction

Brick

Yes

Foundation

Slab

Yes

Roof

Composition

Yes

Heating

Central

Yes

Cooling

Central Air

Yes

Tenant Pays

Electric

Yes

Water

Yes

Property Features