178-184 Trace Loop

    Mandeville, LA 70448
    • $439,000
    • STATUS: Active Under Contract
    • ON SITE: 23 days
    • MLS #: 2139177
    Under Contract
    $439,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,031
      SQFT
    • $109
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    INVESTOR SPECIAL! Fully rented 4-plex in demand Greenleaves neighborhood, 2 units up/2 down, all w/3 br, 2 ba, and fireplace, all units w/frig/washer/dryer, clean well maintained property attracting long-term tenants, new roof after Katrina, new vinyl siding 2 yrs ago, 2 kitchens are newer, front yard partially fenced common area for BBQ's, etc, 1 assigned covered parking space and 1 open per unit, rents are under valued for a 3/2 apt in Mandeville so vacancies are few and don't last, but still has 8% ROI

    Monthly Payment Calculator



    Licensed in the State of Louisiana, USA.
    Turner Real Estate Group || (985) 626-1313 || Mandeville, LA.

    Terms & Conditions
    Listings Courtesy of Gulf South Real Estate Information Network. © 2018, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. Data last updated: 2018-02-18T23:34:32.743.
    www.localnorthshorerealestate.com/homes/80274074

    178-184 Trace Loop Mandeville, LA 70448

    • Price: $439,000
    • Status: Active Under Contract
    • MLS #: 2139177
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    4,031
    SQFT
    $109
    $/SQFT
    1988
    Built
    Neighborhood:
    Grnl Trace
    County:
    St. Tammany
    Area:
    Mandeville
    Elementary School:
    Woodlake
    Middle School:
    Mandeville
    High School:
    Fontainebleau
    Property Description
    INVESTOR SPECIAL! Fully rented 4-plex in demand Greenleaves neighborhood, 2 units up/2 down, all w/3 br, 2 ba, and fireplace, all units w/frig/washer/dryer, clean well maintained property attracting long-term tenants, new roof after Katrina, new vinyl siding 2 yrs ago, 2 kitchens are newer, front yard partially fenced common area for BBQ's, etc, 1 assigned covered parking space and 1 open per unit, rents are under valued for a 3/2 apt in Mandeville so vacancies are few and don't last, but still has 8% ROI
    Exterior Features

    Car Storage CoveredLot Dwelling Type 4 Plex Exterior Vinyl Siding Foundation Slab Lot Description Regular Lot Size 100X120 Pool Type None Roof Type Shingle Style Traditional

    Interior Features

    Air Conditioning Central Elevator No Heating Central Laundry Room Description Inside Room Count 0 Total Bedrooms All Units 12 Total Full Baths All Units 8 Total Half Baths All Units 0

    Property Features

    Ada Features YN No Age Description Resale Age Description2 Age Unknown Bond For Deed YN No Bounding Streets Greenleaves Blvd City Limit YN No Electricity Paid By Tenant Electricity Provided By Cleco Elevation Cert Available No Gas Type None Green Building Cert Attached No Home Owner Fee Terms Quarterly Junior School Fontainebleau Lease Purchase Poss YN No Measurement Approx Not Guaranteed Yes Meter Set Up Separate Neighborhood Greenleaves Owner May Finance YN No Sewer Type Utility Co. Sold As Is WOR Yes Sold With Covenants Restrictions Yes Termite Contract No Third Party Reo Neither Total Rent All Units 3700 Water Paid By Tenant Water Type Public Year Remodeled Renovated Or Built 1988

    Listing Courtesy of Gulf South Real Estate Information Network.


    Licensed in the State of Louisiana, USA.
    Turner Real Estate Group || (985) 626-1313 || Mandeville, LA.

    Terms & Conditions
    Listings Courtesy of Gulf South Real Estate Information Network. © 2018, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. Data last updated: 2018-02-18T23:34:32.743.
    Turner Real Estate Group
    111 N Causeway Blvd, Suite 101
    Mandeville LA, 70448