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Old Metairie Multi-family Portfolio

4 Residential Properties Offered at £1,463,757 in Metairie, LA

Investment Highlights

  • off-street parking
  • desirable neighborhood
  • updated spaces

Executive Summary

Exceptional opportunity to own four prime multi-family properties in the heart of Old Metairie. This location boasts a strategic position located four blocks from Metairie Road.
These buildings, with addresses ranging from 340 to 348 Carrollton Avenue and 200-202 Pink and 360 Lake, collectively offer an impressive land size of approximately 28,981 square feet. Each property is individually available for purchase, providing flexibility and tailored options to suit various investment strategies.
340-342 Carrollton was recently updated, vinyl planked flooring, gas lanterns, and extra-long windows in living rooms. Washer and dryer in each unit. Roof is 4 years old.
346-348 Carrollton Avenue was recently updated with waterfall quartz islands, barnwood sliding doors, large yard on one side. Washer and dryer in each unit. Roof is 4 years old.
200-202 Pink is a corner duplex recently renovated with carports for both units. Roof is 4 years old.
360 Lake was formerly a duplex converted to a single-family home. Zoned R2. Property sits on a large 9,000 sf lot in X flood zone. Property includes two carports.

All properties are in a Flood Zone X and Zoned R2.
Rent roll available upon request.

Property Facts

Price £1,463,757
Price / SF £170.09 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 4
Individually For Sale 4
Total Building Size 8,606 SF
Total Land Area 0.55 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
340 Carrollton Ave, Metairie, LA 70005 Residential 3,077 SF 1980 £396,964
346 Carrollton Ave, Metairie, LA 70005 Residential 1,800 SF 1980 £396,964
200 Pink St, Metairie, LA 70005 Residential 2,079 SF 1980 £396,964
360 Lake Ave, Metairie, LA 70005 Residential 1,650 SF 1980 £277,636
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  • Listing ID: 32504772

  • Date on Market: 18/07/2024

  • Last Updated:

  • Address: Old Metairie Multi-family Portfolio, Metairie, LA

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