130 Labarre Drive
Metairie, LA 70001
- 13 beds
- 9 baths
- 6,371 sqft
- $180 per sqft
- 1966 build
Location, Location, Location! Discover a rare opportunity to own an 8-plex in the highly sought-after area of Old Metairie. This property boasts ample off-street parking for added convenience. Significant updates include a new roof installed in 2021, the replacement of all underground plumbing, and new windows added in 2020. All units are separately metered for both water and electricity, with tenants responsible for all utilities. This arrangement reduces overall costs and greatly enhances the value of the asset. All units are rented below market value, offering a chance to adjust rents and increase your overall return on investment. This low-maintenance, low-turnover property is an excellent long-term asset for any investor's portfolio and a prime candidate for a condo conversion. Situated just a short walk from local attractions, dining, shopping, and entertainment, you can enjoy the benefits of city living while nestled in a neighborhood that balances activity with tranquility. A short walk from local attractions, dining, shopping, and entertainment options, you can enjoy the benefits of Old Metairie living while being nestled in a neighborhood that provides both activity and tranquility. With a designated lot for parking, residents will appreciate the ample parking space available. This well-maintained building presents a fantastic investment opportunity.
Last checked:
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Checking…
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Last updated Jan 19, 2025
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MLS# 2483155 —
The Building
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Year Built:1966
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Construction Materials:Brick
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Architectural Style:Traditional
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Building Area Source:Appraiser
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Roof:Shingle
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Foundation:Slab
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Security Features:Closed Circuit Camera(s)
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Levels:Two
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Stories:2
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Green Energy Efficient:Windows
Interior
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Living Area:6371
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Living Area Source:Appraiser
Financial & Terms
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Home Warranty:No
Location
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Cross Street:MEATAIRIE RD., FAGOT, VIVIEN
The Property
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Parcel Number:0820036329
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Property Type:Residential Income
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Property Subtype Additional:Apartment
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Property Subtype:Apartment
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Property Condition:Very Good Condition
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Lot Features:City Lot, Rectangular Lot
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Lot Size Dimensions:100X85
Listing Agent
- Contact info:
- Agent phone:
- (504) 834-3221
- Office phone:
- (504) 834-3221
Taxes
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Tax Lot:13,15
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Tax Legal Description:LOTS 13 15 17 & 19 SQ 1 PAILET PL
Beds
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Bedrooms Total:13
Baths
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Full Baths:9
The Listing
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Current Price:$1,150,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:Yes
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Cooling:Central Air
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Pool Features:None
Parking
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Parking Features:Off Street
Extra Units
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# of Units Total:8
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/17/25
Jan 17, 2025
|
Listed / Active | GSREIN | $1,150,000 |
