Average square foot calculated using Size range provided by listing agent.
Description
Double the Opportunity: 11-Unit Cash Cow in Chalmette 901 E. St. Bernard Hwy / 2005 Plaza Dr., Chalmette, LA Unlock the potential of this two-building, 11-unit powerhouse sitting on a single lot, delivering a hefty monthly income of $9, 603. Nestled between 901 E. St. Bernard Hwy and 2005 Plaza Dr., these buildings share a charming courtyard and a track record of sky-high occupancy. With some long-term tenants locked in at below-market rents, this is a golden ticket for investors hungry for steady cash flow and serious value-add upside. Meticulously maintained, this property shines with recent upgrades: both buildings sport new roofs from Summer 2021, and units are renovated as they turn over—one vacant unit is currently getting a fresh makeover. Coin-operated laundry and off-street parking out front keep tenants happy and revenue rolling. Just a stone’s throw from downtown New Orleans and the French Quarter, it’s the perfect blend of suburban ease and urban allure. Sweeten the deal: the owner is also selling the neighboring 6-plex at 2009 Plaza Dr. (MLS# 2491831)—why stop at 11 units when you can dominate the block? Seize this rare combo of reliability and growth potential before it’s gone!Show Description
MLS® Number2491831
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1977
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatCentral
A/CCentral Air
Heating Fuel
Extras
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