97-103 TRACE LOOP Active Save Request In-Person Tour Request Virtual Tour
Mandeville,LA 70448
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,070 sqft
Price per Sqft $138
Subdivision Greenleaves Trace
MLS Listing ID 2472876
Style Traditional
Bedrooms 12
Full Baths 8
Year Built 1983
Property Description
Excellent Investment opportunity in the popular Greenleaves subdivision! This property consists of four spacious units totaling over 4000 square feet, each with 3 bedrooms and 2 bathrooms. All 4 units are professionally managed with qualified tenants in place with adjustable rents. Each unit includes features such as a wood-burning fireplace and in-unit laundry hookups with 3 of the 4 just renovated within the last 2 years with fresh paint, new LVP flooring, refreshed cabinets, and more. There is ample tenant and visitor parking along with a open park-like rear yard for tenants to enjoy. Recent property updates include new electrical panels and newer AC units both inside and out. The owner is also willing to offer a $12000 credit for a new roof! The complex is in an area with walking paths, bike trails, ponds, and parks, and is just minutes from I-12, the Causeway, Lakefront, Old Mandeville shops and restaurants, the Trace, and popular music and community events, as well as being in a high-demand school district.With so much to offer, this could be the perfect property to add to your portfolio or help to start your reaching your investment goals!
Location
State LA
County St Tammany
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Parking Lot
Pool None
Roof Type Shingle
Building
Lot Description City Lot,Rectangular Lot
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Woodlake
Middle Schools Gayle Sloan
High Schools Fontainebleau
Others
Special Listing Condition None