901 E ST. BERNARDY Highway, Chalmette, Louisiana, 70043
$950,000
Condo/ Townhome/ Apartment
12 ba
15 bds
7,194 Sqft
Active
Double the Opportunity: 11-Unit Cash Cow in Chalmette 901 E. St. Bernard Hwy / 2005 Plaza Dr., Chalmette, LA Unlock the potential of this two-building, 11-unit powerhouse sitting on a single lot, delivering a hefty monthly income of $9,603. Nestled between 901 E. St. Bernard Hwy and 2005 Plaza Dr., these buildings share a charming courtyard and a track record of sky-high occupancy. With some long-term tenants locked in at below-market rents, this is a golden ticket for investors hungry for steady cash flow and serious value-add upside. Meticulously maintained, this property shines with recent upgrades: both buildings sport new roofs from Summer 2021, and units are renovated as they turn over—one vacant unit is currently getting a fresh makeover. Coin-operated laundry and off-street parking out front keep tenants happy and revenue rolling. Just a stone’s throw from downtown New Orleans and the French Quarter, it’s the perfect blend of suburban ease and urban allure. Sweeten the deal: the owner is also selling the neighboring 6-plex at 2009 Plaza Dr. (MLS# 2491831)—why stop at 11 units when you can dominate the block? Seize this rare combo of reliability and growth potential before it’s gone!
Water Source : Public
Sewer : Public Sewer
Parking Features: Driveway,Off Street
Lot Features : City Lot,Rectangular Lot
Architectural Style : Traditional
Property Condition : Very Good Condition
12 Unit(s)
Heating : Yes.
Heating System : Central
Cooling: Central Air
Construction Materials: Brick
Foundation Details: Slab
Levels : Two
Roof Type: Shingle
Laundry Features : Common Area
Street Address: 901 E ST. BERNARDY Highway
City: Chalmette
State: Louisiana
Postal Code: 70043
County: St. Bernard
MLS Number: 2491831
Year Built: 1977
Courtesy of REVE, REALTORS
Courtesy of Southeast Commercial of MS, LLC
