114 N Marigny Cir
Property Description
Don't judge this investment by the neighborhood - judge it by its rental performance! ESTABLISHED RENTAL HISTORY. This four-unit property has demonstrated consistent tenant demand through approximately ten years of professional management. For roughly $39k per door, this property may appeal to investors seeking to acquire an occupied multi-family asset with immediate rental income. A new owner can step into this purchase without the immediate task of finding tenants to fill vacant units. The property also offers future value-add potential, giving a new owner opportunities to explore improvements and rental growth. Please allow 48 hours for showings.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $157,500 |
| Year Built: | 1993 |
| Lot Size: | 2,800.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-NYSMLS-11729194
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3309 General Taylor St
New Orleans, Louisiana
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout