7710 60 N Coronet Court
New Orleans, LA 70126
- 36 beds
- 30 baths
- 15,156 sqft
- $76 per sqft
- 1974 build
5.00% INTEREST RATE SELLER FINANCING available. Reach out for additional terms. $16,007 per month in gross income - all 3 bed 2.5 bath units renting for max $1,400/mo each. FULLY 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 $16,007, ensuring a robust and immediate cashflow. The current monthly income of $16,007 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.
Last checked:
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Last updated Nov 14, 2024
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MLS# 2430142 —
The Building
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Year Built:1974
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Year Built Details:Resale,Renovated cosmetic changes of at least 50% total living area - i.e. paint
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New Construction:No
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Construction Materials:Brick
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Architectural Style:Other
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Building Area Source:Measured
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Roof:Flat
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Foundation:Slab
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Levels:Two
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Stories:2
Interior
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Living Area:15156
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Living Area Source:Measured
Location
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Cross Street:Parc Brittany Blvd & W Coronet Ct
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:Excellent, Repairs Cosmetic, Resale
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Lot Features:City Lot, Rectangular Lot
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Lot Size Dimensions:21018
Listing Agent
- Contact info:
- Agent phone:
- (504) 298-8631
- Office phone:
- (504) 298-8631
Taxes
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Tax Legal Description:1. SQ 2 PARC BRITTANY 3HH 2. LOT 2-A N CORONET CT 3. 50 X 140 2/STORY BR & FR 4. FOURPLEX 5/R EA C/R
Beds
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Bedrooms Total:36
Baths
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Full Baths:24
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Half Baths:12
The Listing
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Current Price:$1,165,000
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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, Parking Lot
Extra Units
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# of Units Total:12
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).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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 |
|---|---|---|---|---|
|
11/14/24
Nov 14, 2024
|
Listed / Active | GSREIN | $1,165,000 | |
|
10/7/24
Oct 7, 2024
|
Sold Subject To Contingencies | GSREIN | $1,165,000 | |
|
8/26/24
Aug 26, 2024
|
Relisted | GSREIN | $1,165,000 |
