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Street View
$385,000
12 Beds
- 7 Baths
4 full baths + 4 half baths
5,220sqft
5793-99 Tullis Dr, New Orleans, LA 70131
$385,000
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Quadruplex
Built in 1980
$-- HOA
-- sqft lot
$74/sq.ft
Description
This 4-unit multifamily property delivers strong in-place cash flow at $27,744 annual gross rent, with significant rent growth potential to $79,200+ annual gross rent. The property already meets DSCR loan thresholds and offers a clear path to strong returns once stabilized. This 4-plex totals 5,220 of livable sq ft, consisting of four 3BR / 1.5BA units averaging 1,305 SF for each unit. Currently, there are 2 units with term leases and 2 unit vacant. All units include in-unit laundry hookups, private yards, and off-street parking for two vehicles. 8 off-street parking spots available. Located in Tall Timbers subdivision, this asset provides a family-friendly layouts great ...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1980
HOA Fees
-
Finished Area
5,220 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
New Orleans Metropolitan AOR (NOMAR) MLS
MLS Number
2531099
MLS Status
Pending
Days on Market
261
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