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$899,000
229 Days On Site

5636 E JUDGE PEREZ Drive
Violet, LA 70092

For Sale|Mixed Use|Active Under Contract
7
Beds
7
Full Baths
0
Partial Baths
9,400
SqFt
$96
/SqFt
2000
Built
County:
St. Bernard

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5636 E JUDGE PEREZ Drive5636 E JUDGE PEREZ Drive5636 E JUDGE PEREZ Drive5636 E JUDGE PEREZ Drive
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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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Listing Snapshot
Price 
$899,000
Days On Site 
229 Days
Bedrooms 
7
Inside Area (SqFt) 
9,400 sqft
Total Baths 
7
Full Baths 
7
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2000
MLS® Number 
2447325
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoStatus changed to Active Under Contract
4 months agoListing updated with changes from the MLS®
8 months agoListing first seen on site
General Features
Foundation 
Slab
Number Of Stories 
2
Parking 
Off Street
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Stories 
Two
Style 
Other
Water Source 
Public
Interior Features
Cooling 
Central AirWindow Unit(s)
Heating 
Central
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Exterior Features
Construction Details 
Brick VeneerFrame
Lot Features 
City LotRectangular Lot
Roof 
Shingle
Listing courtesy of Bridgewater Realty Advisors, LLC

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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