Listing Courtesy of: Wayne Songy - Wayne Songy & Associates
985-259-2673
$564,000
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97-103 TRACE Loop Unit 103 Mandeville, LA 70448
Fourplex
Residence
12
Beds
8
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
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Excellent Investment opportunity in the popular Greenleaves subdivision! This property consists of four spacious units totaling over 4000 square feet, each with 3 bedrooms and 2 bathrooms. All 4 units are professionally managed with qualified tenants in place with adjustable rents. Each unit include...s features such as a wood-burning fireplace and in-unit laundry hookups with 3 of the 4 just renovated within the last 2 years with fresh paint, new LVP flooring, refreshed cabinets, and more. There is ample tenant and visitor parking along with a open park-like rear yard for tenants to enjoy. Recent property updates include new electrical panels and newer AC units both inside and out. The owner is also willing to offer a $12000 credit for a new roof! The complex is in an area with walking paths, bike trails, ponds, and parks, and is just minutes from I-12, the Causeway, Lakefront, Old Mandeville shops and restaurants, the Trace, and popular music and community events, as well as being in a high-demand school district.With so much to offer, this could be the perfect property to add to your portfolio or help to start your reaching your investment goals!
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MLS#
2472876
Property Type
Fourplex
Bedrooms
12
Bathrooms
8 Full
Year Built
1983
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