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$1,165,000
111 Days Online

7710-60 N Coronet Court
New Orleans, LA 70126

For Sale|Multi-Family|Active
County:
Orleans

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7710-60 N Coronet Court7710-60 N Coronet Court7710-60 N Coronet Court7710-60 N Coronet Court
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5.00% INTEREST RATE SELLER FINANCING available. Reach out for additional terms. $16,800 per month in potential gross income - all 3 bed 2.5 bath units renting for max $1,400/mo each. Ten out of twelve units occupied. Fully renovated 12-unit apartment complex at 7710-60 North Coronet Court in New Orleans, LA, offers a lucrative opportunity with a potential monthly rent of $16,800, ensuring a robust and immediate cashflow. The current monthly income of $13,307 supasses the 1% rule. The property contains three (3) fully renovated, 2-story buildings that each contain four (4) units. Each unit is approximately 1,263 sf and contains 3 bedrooms and 2.5 bathrooms. There are few properties in the New Orleans East market that offer fully renovated 3 bedroom 2.5 bathroom apartments, making this a highly sought after destination for tenants. Overall, thisis a solid investment opportunity with high inplace cash flow and a great addition to a multifamily portfolio.

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Listing Snapshot
Price 
$1,165,000
Days Online 
111 Days
Bedrooms 
36
Inside Area (SqFt) 
15,156 sqft
Total Baths 
36
Full Baths 
24
Partial Baths 
12
Lot Size 
N/A
Year Built 
1974
MLS® Number 
2430142
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Measured
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
3 months agoPrice changed to $1,165,000
4 months agoListing first seen online
General Features
Acreage 
0
Parking 
Off StreetParking LotThreeormore Spaces
Sewer 
Public Sewer
Style 
Other
Water 
Public
Construction 
Brick
Number of Stories 
2
Cross Street 
Parc Brittany Blvd & W Coronet Ct
Property Sub Type 
Apartment
Foundation 
Slab
Listing Conditions 
None
Property Condition 
ExcellentRepairs CosmeticResale
Interior Features
Cooling 
Central Air
Heating 
Central
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Exterior Features
Lot 
City LotRectangular Lot
Roof 
Flat
Pool Features 
None
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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