Address
316 N Elm Street, Metairie, LA
Price
$ 197,000
Property Attributes
- MLS#2435567
- TypePending
- ParishJEFFERSON
- CityMetairie
- NeighborhoodEast Bank
- Zip70003
- StyleRanch
- Price$ 197,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1540
- Lot Size5,663 SqFt
Data Source:
Gulf South Real Estate Information Network
Property Description
NEW ROOF (2022) - NEW WINDOWS (2020) - NEW Ductless HVAC Units (2020) - Each Unit has Private Washer/Dryer Hookups -- Low Flood Insurance ($750/year in AE Flood Zone) - Long-Term Tenants on Month-To-Month Leases on Both Sides -- Current Rents: $1700/month // Market Rents: $2000/month -- Current Cash on Cash Return: 10.4% // Potential Cash on Cash Return: 12.2% - Zoning is RR3 per Jefferson Parish
| Price History | |
|---|---|
| 2/24/2024 | Listed $225,000 |
| 4/3/2024 | 13% - $197,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Ductless,Wall Furnace |
| Cooling | Ductless,Wall Unit(s) |
| Roof | Asphalt,Shingle |
| Architectural Style | Ranch |
| Pool Features | None |
| Construction Materials | Brick Veneer |
| Year Built | 1974 |
| Tenant Pays | Electricity,Gas |
| Stories | 1 |
| Levels | One |
| Property SubType | Duplex |
| OwnerPays | Water |
| County | Jefferson |
| Property Type | Residential Income |
| Contingency | Buyer Financing |
| Energy Efficient | Windows |
| Subdivision Name | East Bank |
| Status | Pending |
| City | Metairie |
| Buyer Agent Compensation | 2.5 |
| Total Units | 2 |
| Street Name | ELM |
| Property Condition | Very Good Condition |
| Days on Market | 55 |
| Standard Status | Pending |
| Tax Lot | 57A |
| Property Sub Type Additional | Duplex |
| Buyer Agent Compensation Type | % |
| PostalCity | Metairie |
| Legal Description | LOT 57A SQ 56 EASTBANK |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Full Baths | 2 |
| Street Suffix | Street |
| Laundry Features | In Unit |
| Total Bedrooms | 4 |
| LivingAreaSource | Appraiser |
Exterior Features
| Parking Features | Driveway,Off Street |
|---|---|
| Lot Features | Outside City Limits,Rectangular Lot |
| Water Source | Public |
| Lot Size Area | 0.13 |
| Foundation Details | Slab |
| Lot Dimensions | 47X120 |
| Lot Size Acres | 0.13 |
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 Pending Average in 70003
Price
Visits
Year Built
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