Long term, owning real estate can be one of the most profitable ways to invest your money. Given the opportunity to own most of an entire block, investors will be jumping at these West Bank properties. Located just off of Ames and Lapalco in Marrero, walking distance to grocery and convenience stores and right on a public transportation route, 6 doubles are now on the market – with tenants included in 11 of the 12 units.
Each of these all brick, 1800 square feet units are laid out the same and are next door to each other. The owner has installed ceramic tile flooring in 11 of the units for easy clean up, making the occasional transition from one tenant to the next quick, easy and inexpensive.
Individual units have 2 bedrooms and 1 bath per side, with laundry rooms on the exterior. Tenants pay all of their own utilities and supply their own appliances except for the range/ovens. Central air and heat, newer roofs (replaced in 2006) and a total of $8,100 in monthly rent currently being collected.
Available properties and rents are:
5545-47 Jordan Drive - 5545 is currently rented for $800/month, 5547 is rented for $700/month
5549-51 Jordan Drive – both sides currently rented for $700/month each
5553-55 Jordan Drive – both sides currently rented for $700/month each
5557-59 Jordan Drive – 5557 is vacant (recently updated), 5559 is rented for $700/month
5561-63 Jordan Drive – 5561 is currently rented for $800/month, 5563 is rented for $700/month
5565-67 Jordan Drive – 5565 is currently rented for $900/month (section 8), 5567 is rented for $700/month
For more information about these properties, please contact the West Bank Living Team.
