864 CARMADELLE Street, Marrero, Louisiana, 70072
$719,900
5,240 Sqft
14 bd
8 ba
#2578899
Excellent investment opportunity in Marrero! This 8-unit multifamily property offers approximately 5,600 square feet of building area and is currently 100% occupied, providing immediate cash flow for the next owner. Current gross rental income is approximately $7,700 per month, or $92,400 annually, per seller plus monthly Laundry Area. With all units occupied and established rental income in place, this property presents a strong opportunity for investors looking to expand their portfolio with a stabilized income-producing asset. Conveniently located on the West Bank with off-street parking and access to surrounding shopping, employment, and major roadways. Offered at $739,000. Please do not disturb tenants.
PROPERTY FEATURES
- Utilities : Natural Gas Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Driveway, Off Street
- Architectural Style : Traditional
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Central
- Construction Materials: Brick
- Green Energy Efficient : Insulation, Water Heater
PROPERTY DETAILS
ID: 2578899
Status: Active
Price: $719,900
Type: Multi-family
Address: 864 CARMADELLE Street
City, State: Marrero, Louisiana
County: Jefferson
Zip Code: 70072
Lat/Long: 29.89504, -90.12067
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