Address
4705 07 Grammar Street, Metairie, LA
Price
$ 399,000
Property Attributes
  • MLS#2430811
  • TypeMulti-Family
  • ParishJEFFERSON
  • CityMetairie
  • NeighborhoodBridgedale
  • Zip70001
  • StyleTraditional
  • Price$ 399,000
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms2
  • Sqr Footage2600
Data Source:
Gulf South Real Estate Information Network
Property Description

This double in the Bridgedale area presents an interesting investment opportunity. One side has low rents due to a long-term tenant on a month-to-month lease. The property features a newer roof, which is a valuable update that reduces maintenance costs.Both sides of the double have newer kitchens with granite countertops, providing a modern and desirable feature for potential tenants. Each side also enjoys the benefit of a large yard.The location of this home is particularly convenient, situated in the heart of Metairie with easy access to the interstate. This allows for quick and easy commutes to downtown New Orleans and the airport, making it an attractive location for tenants.Overall, this double in the Bridgedale area offers a mix of potential rental income and a prime location, making it a promising investment opportunity.

Price History
1/22/2024 Listed $429,000
3/25/2024 7% - $399,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Asphalt,Shingle
Architectural Style Traditional
Pool Features None
Construction Materials Brick
Year Built 1969
Tenant Pays Electricity,Water
Stories 2
Levels Two
Property SubType Duplex
County Jefferson
Property Type Residential Income
Subdivision Name Bridgedale
Status Active
City Metairie
Buyer Agent Compensation 3/2
Total Units 2
Street Name GRAMMAR
Year Built Details 55
Property Condition Average Condition,Repairs Cosmetic,Resale
Days on Market 63
Standard Status Active
Property Sub Type Additional Duplex
Buyer Agent Compensation Type %
PostalCity Metairie
Legal Description LOT 25 SQ 170-B SEC F BRIDGEDALE

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 2
Half Baths 2
Street Suffix Street
Laundry Features Inside
Total Bedrooms 6
LivingAreaSource Measured

Exterior Features

Parking Features Driveway
Lot Features City Lot,Rectangular Lot
Water Source Public
Foundation Details Slab
Lot Dimensions 49x131x50x126

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 Multi-Family Average in 70001

Price
AVG $420K
$400K
Visits
AVG 71
211
Data Provided by Inside Real Estate®
Year Built
AVG 1972
1969