**MULTI-FAMILY INVESTMENT OPPORTUNITY IN SLIDELL** Discover a prime investment with this recently updated fourplex located on Tenth Street, Slidell. Each of the four units has two bedrooms, one bathroom, and a laundry area, renovated in 2020 to enhance appeal and function. Noteworthy upgrades include new air conditioning units, external electrical panels, and a freshly paved parking area completed in 2024. This property is strategically positioned on an oversized lot. All units are currently occupied and generate consistent rental income, making this an attractive deal right from the purchase. Residents benefit from a convenient location, a short distance to essential shopping, and quick access to Interstate 10. Great for investors seeking a property with steady cash flow and minimal immediate upkeep, this multi-family residence promises a balance of immediate returns and long-term appreciation. Schedule a viewing today and take the first step towards a worthwhile addition to your investment portfolio.
***CASH COW*** Address is 35200, 35206 Bayou Liberty Road, Slidell. This remarkable investment property consists of a duplex and a single-family home, collectively generating an impressive $2,250 in monthly rent. Ideal for savvy investors, this property cash flows with just 25% down, making it a financially sound choice. Also, rents are due for improvement. With the potential to satisfy the "one percent" rule, your investment is promising from the get-go. Plus, without a rent improvement, you could achieve a substantial cash-on-cash return as high as 10%. The duplex has two, one bedroom, one bath and the single family home is a three bedroom and one bath. Don't miss out on this opportunity to add a high-performing asset to your real estate portfolio.
Owner Financing available! Appraisal $2.5M July 2023. Freshly Renovated CASH COW!! 100% occupied collecting just under $24,000 per month in rents! 17 of the 19 units have been completely renovated from top to bottom. New roof in 2022, new gutters in 2022, redone stair railing and platform in 2022. Newer boat dock off the back. Concrete bulkhead! 6 Units face the water. Nearly complete tenant turnover from previous management. All tenants on long term leases. PERFECT location with easy commute to NOLA or the Gulf Coast. These units are gone the moment they are advertised. Built in management company already in place if buyer is interested! Assumable flood policy.
Come Visit this Townhouse Style Tri-Plex. GREAT INVESTMENT! Ample Parking, Easily Rented~ New Roof ~ 3 New Electric Panels ~ Each Unit Features 2 Bedrooms Upstairs, A Full bathroom Upstairs & 1/2 Bath Downstairs, A Back Patio, a Fireplace, & an Inside Laundry Area. Easy Access to the Interstate. Termite Contract & Central HVAC. NO Carpet!
Investment property with long term tenants. Minutes away from New Orleans located on Hwy 11. Completely renovated inside with easy access to Lake Pontchartrain. Waterfront property! Each side has 2 bedrooms and 1.5 baths, large living room, kitchen, large pantry, neutral colors, French doors across the front and washer and dryer area. Downstairs has large storage shed. Each side has its own utilities. Large storage space below and boat dock. Can be commercial property. SOLD "AS IS"! Bring all offers.. Seller to do no repairs.
Slidell is located in Louisiana. Slidell, Louisiana has a population of 27,755. Slidell is less family-centric than the surrounding county with 27.71% of the households containing married families with children. The county average for households married with children is 32.63%.
The median household income in Slidell, Louisiana is $55,168. The median household income for the surrounding county is $66,539 compared to the national median of $57,652. The median age of people living in Slidell is 37.4 years.
The average high temperature in July is 90.8 degrees, with an average low temperature in January of 40.3 degrees. The average rainfall is approximately 61.7 inches per year, with 0.2 inches of snow per year.