114 North Arnoult Road

Metairie LA 70001

3569 sq. ft.

Duplex

Currently for sale - view listing

Overview

** NEW PRICE!** Income producing fourplex on large lot with single family cottage at front in Metairie one block from Airline Hwy! This fourplex includes three studio apartments with 1 bath, and a 2 bedroom, 1 bath apartment, while the single family home at front includes 2 bedrooms and 1 bath and is currently rented for $1,100/month on a month-to-month lease. Both are fully occupied with a total rental income of $5,370/month. 2 bedroom unit and single family home have central air and heat while the remaining units have window units. All studio apartments recently renovated with new electrical, countertops, and kitchen cabinets. New sheetrock in the single family cottage, and new roofs on the fourplex building and single family home and a new paint job on the fourplex. Live in one unit of your choice and lease the rest to cover your mortgage, or add this property to your investment portfolio! Preferred flood zone X= Low insurance premium!