A notable commercial/residential property is situated at the corner of E. Judge Perez and Palmisano, right across from Chalmette High School. The commercial space on the ground floor is rented to a restaurant for a gross of $2,700. Above, there are three (3), two-bedroom/one-bath apartments, each with market rents of $1,000. Family members occupy some of the residential units at abated rates.
This attractive property features high visibility, substantial improvements, a high level of maintenance (new roof 2021), and is in superb condition, offering an enviable cap rate, making it an exceptional investment opportunity.
If you're in search of that elusive positive cash flow, consider incorporating this into your portfolio immediately.
Features
6 bedrooms
3 bathrooms
4800 sq. ft. floor area
cottageOther
Happy sellers in Chalmette
95%
sentiment_very_satisfied
95% of sellers in Chalmette reported that their sale price either exceeded or met their price expectations.
Chalmette stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 4 reviews in Chalmette over the last 12 months.
Local market activity for 6 bedroom other properties in Chalmette
Sold
For Sale
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