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 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!
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 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!
GSREIN #1
Sep 12, 2024
Price Changed
$579,000
$142/sq ft
Jul 9, 2024
Price Changed
$589,000
$145/sq ft
AcadianaMLS #NO2435743
Feb 26, 2024
Listed
$579,000
$142/sq ft
AcadianaMLS #NO2316120
Sep 27, 2021
Listed
$565,000
$139/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
St. Tammany Parish
APN
49214
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on May 15, 2024.
M-L
Low Multi-Family Residential District.
The M-L Low Multiple-Family Residential District is intended to provide medium
density residential development in an urbanized location where it may serve as a transitional
district between less intense commercial or industrial environments. This district is to be served
by central utility systems, be convenient to commercial and employment centers, and have easy
access to thoroughfares and collector streets. To protect the intentions of the district, permitted
activities are limited to residential uses, both private and public, and utility uses. All commercial
uses are prohibited in the M-L District.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Housing-Senior
Wastewater treatment
Property details
Parking
Parking
Features: Parking Lot
Interior
Bathroom Information
# of Full Bathrooms: 8
Multi Unit Information
Tenant Pays: Electricity, Water
# Of Units Total: 4
Unit Type 1
Unit Number: 103
# of Bathrooms Total: 2
# of Full Bathrooms: 2
# of Bedrooms: 3
Area: 1025
Total Rent: $1,050
Actual Rent: $1,050
Unit Type 2
Unit Number: 101
# of Bathrooms Total: 2
# of Full Bathrooms: 2
# of Bedrooms: 3
Area: 1025
Total Rent: $1,250
Actual Rent: $1,250
Unit Type 3
Unit Number: 99
# of Bathrooms Total: 2
# of Full Bathrooms: 2
# of Bedrooms: 3
Area: 1025
Total Rent: $1,200
Actual Rent: $1,200
Unit Type 4
Unit Number: 97
# of Bathrooms Total: 2
# of Full Bathrooms: 2
# of Bedrooms: 3
Area: 1025
Total Rent: $1,250
Actual Rent: $1,250
Exterior
Building Information
Stories: 2
Roof Details: Shingle
Lot Information
Lot Size Dimensions: 95 X 124
Lot Features: City Lot, Rectangular Lot
Property Information
Foundation Details: Slab
Very Good Condition
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Location
HOA Information
Quarterly
School
Elementary School: Woodlake
Middle Or Junior School: Gayle Sloan
High School: Fontainebleau
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: St. Tammany Parish
APN: 49214
Home facts updated by county records on May 15, 2024
Other
Listing Information
Is Human Modified
Around this home
Schools
Mandeville Middle School
Public 4-6 • Assigned • 1.7mi
9/10
Fontainebleau Junior High School
Public 7-8 • Assigned • 1.9mi
7/10
Fontainebleau High School
Public 9-12 • Assigned • 2.0mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Mandeville, LA • 70448
Average low and high temperatures (°F)
61
41
70
49
76
55
80
62
83
68
90
74
92
76
91
73
90
69
83
61
75
55
66
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$510,000 – $618,000
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