Homes for sale - 97-103 TRACE LOOP, Mandeville, LA 70448

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Sharon Vennen

vennenrealestate@gmail.com +1(225) 202-0084

$564,000

Est. payment - /mo

12 Beds

8 Baths

4,070 SqFt

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UPDATED:

12/11/2024 04:59 PM

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

Construction Status Very Good Condition

HOA Y/N No

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

Fireplace No

Exterior

Parking Features Parking Lot

Pool None

Water Access Desc Public

Roof Type Shingle

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Construction Status Very Good Condition

Schools

Elementary Schools Woodlake

Middle Schools Gayle Sloan

High Schools Fontainebleau

Others

Tax ID 49214

Special Listing Condition None

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Gulf South Real Estate Information Network (NOMAR IDX Plus)

Listed by Wayne Songy & Associates

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Sharon Vennen

+1(225) 202-0084

Agent | License ID: 0995688327

Agent License ID: 0995688327

97-103 TRACE LOOP Mandeville, LA 70448

Sharon Vennen

Key Details

Location

Interior

Exterior

Building

Schools

Others

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