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5636 E Judge Perez Drive

Violet, LA 70092
  • $899,000
  • STATUS: Active
  • ON SITE: 74 Days
  • MLS #: 2447325
$899,000
  • 7
    BEDS
  • N/A
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 9,400
    SQFT
  • $96
    $/SQFT
Type:
Multi-Family
Built:
2000
County:

School Ratings & Info

Description

ONLY 1 VACANT UNIT! Introducing 5636-38 E. Judge Perez Drive, a mixed- use commercial/residential property located in Violet, LA. This well-maintained 14-unit building consists of (7) 1 Bedroom 1 Bathoom units on the second floor and (7) commercial units on the ground floor. The convenience store located in the front of the building occupies (3) of the commercial units with a monthly rent of $3,000. Building has a NEW ROOF that was put on in 2023. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Rents on the second story residential units have been raised from $700 to $800 and for units A & B the rent has been increased to $1,147 per month. The market rate for the commercial units is $1,000 per month with the end cap taking up 3 spaces for $3,000 per month. For added convenience, ample off-street parking is available, eliminating the hassle of finding a parking spot and enhancing the overall living experience. In sum, 5636-38 E. Judge Perez Drive represents an extraordinary investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.

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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
© 2024 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: 2024-07-20T23:34:39.947.
www.bestlouisianahomes.com/homes/150298889
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5636 E Judge Perez Drive Violet, LA 70092

  • Price: $899,000
  • Status: Active
  • On Site: 74 Days
  • MLS #: 2447325
7
Beds
7
Baths
0
½ Baths
N/A
Acres
9,400
SQFT
$96
$/SQFT
2000
Built
County:
St. Bernard
Property Description
ONLY 1 VACANT UNIT! Introducing 5636-38 E. Judge Perez Drive, a mixed- use commercial/residential property located in Violet, LA. This well-maintained 14-unit building consists of (7) 1 Bedroom 1 Bathoom units on the second floor and (7) commercial units on the ground floor. The convenience store located in the front of the building occupies (3) of the commercial units with a monthly rent of $3,000. Building has a NEW ROOF that was put on in 2023. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Rents on the second story residential units have been raised from $700 to $800 and for units A & B the rent has been increased to $1,147 per month. The market rate for the commercial units is $1,000 per month with the end cap taking up 3 spaces for $3,000 per month. For added convenience, ample off-street parking is available, eliminating the hassle of finding a parking spot and enhancing the overall living experience. In sum, 5636-38 E. Judge Perez Drive represents an extraordinary investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.
Exterior Features

Construction Materials Brick VeneerFrame Foundation Details Slab Lot Features City LotRectangular Lot Lot Size Dimensions 17545 Parking Features Off Street Roof Shingle

Interior Features

Cooling Central AirWindow Unit(s) Heating CentralWindow Unit Heating YN Yes

Property Features

Architectural Style Other Cooling YN Yes Levels Two Property Condition Very Good Condition Property Sub Type Mixed Use Restrictions Sewer Public Sewer Special Listing Conditions None Watersource Public

Gulf South Real Estate Information Network Listing courtesy of Gulf South Real Estate Information Network.
Listing provided courtesy of Mason Mccullough of Bridgewater Realty Advisors, LLC: (504) 298-8631.



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
© 2024 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: 2024-07-20T23:34:39.947.
 
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The Robin Group of Keller Williams Realty Services
5001 Hwy 190 East Service Rd Unit C6
Mandeville LA, 70458