4289 93 Lac Saint Pierre Drive
Harvey, LA 70058
- 48 beds
- 40 baths
- 26,400 sqft
- $94 per sqft
- 1984 build
SELLER FINANCING OFFERED. 100% occupied 24-unit multi-family property located in Harvey, LA. This well-maintained 24-unit complex consists of a mix of 2 bed 1.5 bath units and 2 bed 2 bath units and includes 4 parcels of vacant land to build additional units. Based on market rent comparables included in this OM, there is room to increase rental rates to $1,350/mo. Each unit is condo’d. Harvey is a highly desirable market for both renters and investors alike. Multifamily properties in Harvey generally experience lower turnover and rent out extremely quick and 4289-93 Lac St. Pierre Drive is no exception. 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. Property amenities include a well-kept swimming pool, tennis court, washer & dryers in each unit, and ample parking for tenants. Our insurance broker advised it was only $400-500 additionally on the GL policy per year to insure the pool. In sum, 4289-93 Lac St. Pierre 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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Last updated Nov 21, 2024
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MLS# 2432818 —
The Building
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Year Built:1984
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Year Built Details:Resale,None
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New Construction:No
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Construction Materials:Brick, Wood Siding
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Architectural Style:Other
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Building Area Source:Assessor
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Roof:Shingle
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Foundation:Slab
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Exterior Features:Balcony, Courtyard, Fence, Tennis Court(s)
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Patio Features:Balcony
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Levels:Two
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Stories:2
Interior
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Living Area:26400
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Living Area Source:Assessor
Location
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Cross Street:Lac Couture Dr, Lac Bienville Dr
The Property
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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, Resale
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Lot Features:Corner Lot, City Lot
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Lot Size Dimensions:65000sqft
Listing Agent
- Contact info:
- Agent phone:
- (504) 298-8631
- Office phone:
- (504) 298-8631
Taxes
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Tax Legal Description:LOTS 13 14 15 16 SQ A LOTS 17 18 19 20 & 21 SQ A VILLAGE ST PIERRE CONDO UNIT 201 PLUS AN UNDIV 1/24 INTEREST IN THE COMMON ELEMENTS TIMBER RIDGE
Beds
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Bedrooms Total:48
Baths
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Full Baths:32
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Half Baths:16
The Listing
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Current Price:$2,500,000
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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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Community Features:Pool
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Pool Features:Community, In Ground
Parking
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Parking Features:Assigned, Off Street, Parking Lot
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/21/24
Nov 21, 2024
|
Listed / Active | GSREIN | $2,500,000 | |
|
9/30/24
Sep 30, 2024
|
Sold Subject To Contingencies | GSREIN | $2,500,000 | |
|
7/8/24
Jul 8, 2024
|
Price Changed | GSREIN | $2,500,000 | -3.8% |
