$739,900

Apartment In Marrero

  • 14 Beds
  • 8 Baths
  • 5,600 Sqft
  • Updated: September 29
  • Source:
    Gulf South Real Estate Information Network (GSREIN)  MLS#2578899

About the Property

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
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.
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  • Property type

    Apartment

  • Floors

    2

  • Year built

    1980

  • Price/sqft

    $132

Features

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864 CARMADELLE Street, Marrero, Louisiana, United States View on Google Maps
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TJones & Co, LLC - NEW ORLEANS

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TJones & Co, LLC - NEW ORLEANS
Louisiana, United States
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2
Listings
2026
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TJones & Co, LLC - NEW ORLEANS
NEW ORLEANS, Louisiana, United States
View agency profile
Last updated
September 29
First listed
September 29
Listing reference
2578899
Listing status
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