920 VALLETTE Street
Property Description
MONEY MAKING OPPORTUNITY IN ALGIERS POINT! Add a strong income-producing fourplex to your portfolio with $4,417 in total monthly rental income! That's $53,004 in gross annual rent! Located in the highly desirable Algiers Point area, this property offers an attractive combination of immediate cash flow, established tenants, and long-term investment potential. The property features four 1-bedroom, 1-bath units, a layout with broad rental appeal and a history of strong occupancy and long-term tenant stability. Preferred X flood zone. With over $53K in current annual rental income, this is an opportunity to acquire an established, income-producing multifamily property in one of the area's desirable rental markets. DO NOT DISTURB TENANTS. SELLER WILL MAKE NO REPAIRS NOR CONCESSIONS.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $155,000 |
| No. of Units: | 4 |
| Year Built: | 1950 |
| Lot Size: | 2,400.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $38,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NOMARLA-2577733
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