41126 W Lee Hughes Road
Property Description
Investment Opportunity with Expansion Potential! This income-producing multi-family property features 22 rental units situated on 6.94 acres, comprised of 13 individual lots. The property includes 9 single-family homes, 5 duplexes, and 1 triplex, generating over $19,000 in monthly rental income and over $237,000 annually. Five vacant lots offer the potential for up to 10 additional rental units, providing an opportunity for increased income and future growth. An excellent investment opportunity with established rental income and room for expansion!
Broker Details
STOPHCO 2, LLC (504) 799-1702
MLS ID: FOSTLIES State License Number: 995689151
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,750,000 |
| No. of Units: | 1 |
| Year Built: | 2025 |
| Lot Size: | 30,000.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $2,750,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 47 |
| Number of Bathrooms: | 32 |
ID: 3yd-ROAMLA-200MCQ
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