Seller Financing
Address
4289-93 Lac Saint Pierre Drive, Harvey, LA
Price
$ 2,600,000
Property Attributes
- MLS#2432818
- TypeIncome
- ParishJEFFERSON
- CityHarvey
- Zip70058
- Style
- Price$ 2,600,000
- Bedrooms48
- Full Bathrooms32
- Half Bathrooms16
- Sqr Footage26400
Data Source:
Gulf South Real Estate Information Network
Property Description
SELLER FINANCING OFFERED. 100% occupied 24-unit multi-family property located in Harvey, LA. This well-maintained 24-unit complex consists of a mix of 2 bed 1.5 bath units and 2 bed 2 bath units and includes 4 parcels of vacant land to build additional units. Based on market rent comparables included in this OM, there is room to increase rental rates to $1,350/mo. Each unit is condoâd. Harvey is a highly desirable market for both renters and investors alike. Multifamily properties in Harvey generally experience lower turnover and rent out extremely quick and 4289-93 Lac St. Pierre Drive is no exception. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Property amenities include a well-kept swimming pool, tennis court, washer & dryers in each unit, and ample parking for tenants. Our insurance broker advised it was only $400-500 additionally on the GL policy per year to insure the pool. In sum, 4289-93 Lac St. Pierre Drive represents an extraordinary investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.
| Price History | |
|---|---|
| 2/5/2024 | Listed $2,600,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Roof | Shingle |
| Exterior Features | Balcony,Courtyard,Fence,Tennis Court(s) |
| Patio/Porch Features | Balcony |
| Architectural Style | Other |
| Pool Features | Community,In Ground |
| Construction Materials | Brick,Wood Siding |
| Year Built | 1984 |
| Tenant Pays | Electricity |
| Stories | 2 |
| Levels | Two |
| Property SubType | Apartment |
| OwnerPays | Water |
| County | Jefferson |
| Property Type | Residential Income |
| Status | Active |
| City | Harvey |
| Buyer Agent Compensation | 2 |
| Street Name | LAC SAINT PIERRE |
| Year Built Details | Resale,None |
| Property Condition | Very Good Condition,Resale |
| Days on Market | 80 |
| Standard Status | Active |
| Property Sub Type Additional | Apartment |
| Buyer Agent Compensation Type | % |
| PostalCity | Harvey |
| Legal Description | LOTS 13 14 15 16 SQ A LOTS 17 18 19 20 & 21 SQ A VILLAGE ST PIERRE CONDO UNIT 201 PLUS AN UNDIV 1/24 INTEREST IN THE COMMON ELEMENTS TIMBER RIDGE |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Full Baths | 32 |
| Half Baths | 16 |
| Street Suffix | Drive |
| Total Bedrooms | 48 |
| LivingAreaSource | Assessor |
Exterior Features
| Parking Features | Assigned,Off Street,Parking Lot |
|---|---|
| Lot Features | Corner Lot,City Lot |
| Water Source | Public |
| Foundation Details | Slab |
| Lot Dimensions | 65000sqft |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 70058
Price
Visits
Year Built
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