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316 N Elm Street

Metairie, LA 70003
  • $200,000
  • STATUS: Closed
  • ON SITE: 443 Days
  • MLS #: 2435567
Sold - 05/30/2024
$200,000
SOLD - 05/30/2024
  • 4
    BEDS
  • 0.13
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,540
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Description

NEW ROOF (2022) - NEW WINDOWS (2020) - NEW Ductless HVAC Units (2020) - Each Unit has Private Washer/Dryer Hookups -- Low Flood Insurance ($750/year in AE Flood Zone) - Long-Term Tenants on Month-To-Month Leases on Both Sides -- Current Rents: $1700/month // Market Rents: $2000/month -- Current Cash on Cash Return: 10.4% // Potential Cash on Cash Return: 12.2% - Zoning is RR3 per Jefferson Parish

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Broker and Associates are licensed in the State of Louisiana, USA.
The Robin Group of Keller Williams Realty Services || 985-778-2525 || Mandeville, LA.

Terms & Conditions
© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Robin Group of Keller Williams Realty Services. Data last updated: 2025-05-12T07:34:43.147.
www.bestlouisianahomes.com/homes/147905946
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316 N Elm Street Metairie, LA 70003

  • Price: $197,000
  • Status: Closed
  • On Site: 443 Days
  • Updated: 64 min ago
  • MLS #: 2435567
4
Beds
2
Baths
0
½ Baths
0.13
Acres
1,540
SQFT
$0
$/SQFT
1974
Built
Neighborhood:
East Bank
County:
Jefferson
Property Description
NEW ROOF (2022) - NEW WINDOWS (2020) - NEW Ductless HVAC Units (2020) - Each Unit has Private Washer/Dryer Hookups -- Low Flood Insurance ($750/year in AE Flood Zone) - Long-Term Tenants on Month-To-Month Leases on Both Sides -- Current Rents: $1700/month // Market Rents: $2000/month -- Current Cash on Cash Return: 10.4% // Potential Cash on Cash Return: 12.2% - Zoning is RR3 per Jefferson Parish
Exterior Features

Construction Materials Brick Veneer Foundation Details Slab Lot Features Outside City LimitsRectangular Lot Lot Size Dimensions 47X120 Parking Features DrivewayOff Street Pool Features None Roof AsphaltShingle

Interior Features

Cooling DuctlessWall Unit(s) Heating DuctlessWall Furnace Heating YN Yes Laundry Features In Unit

Property Features

Architectural Style Ranch Cooling YN Yes Green Energy Efficient Windows Home Warranty YN No Levels One Owner Pays Water Property Condition Very Good Condition Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions None Tenant Pays ElectricityGas Watersource Public

Gulf South Real Estate Information Network Listing courtesy of Gulf South Real Estate Information Network.
Listing provided courtesy of Emily Haynie Ferraro of KELLER WILLIAMS REALTY 455-0100: (504) 455-0100.



Broker and Associates are licensed in the State of Louisiana, USA.
The Robin Group of Keller Williams Realty Services || 985-778-2525 || Mandeville, LA.

Terms & Conditions
© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Robin Group of Keller Williams Realty Services. Data last updated: 2025-05-12T07:34:43.147.
 
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The Robin Group of Keller Williams Realty Services
5001 Hwy 190 East Service Rd Unit C6
Mandeville LA, 70458