106 N. Labarre, Metairie, LA 70001

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Building Details:

This is a fourplex just steps off of Metairie Road with visibility from the traffic light at N. Labarre. It has been well maintained and is in very good condition. One 550 sf unit is vacant for showings. Rents are $625 for downstairs and $600 for upstairs, or $29,400/yr. Balconies or patios/yard in rear. Each unit has a $1,000 air/heat unit, a window unit, and a gas heater in the hall. Rare opportunity in Old Metairie.

AMENITIES: One of the owners does all of the maintenance, so those numbers are unrealistically low. New roof in 2013, all floors are tile or wood, ceiling fans, gas stoves and refrigerators are included, each tenant pays for gas, water, and electricity.