SELLER FINANCING OFFERED 5% INTEREST RATE! 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.
Active
$2,500,000
4289-93 Lac Saint Pierre Dr, Harvey, LA 70058
48beds
--baths
26,400sqft
Est.:
Multi Family, Apartment
Built in 1984
-- sqft lot
$-- Zestimate®
$95/sqft
$-- HOA
What's special
Well-kept swimming poolTennis court
- 564 days
- on Zillow |
- 212 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: January 28, 2025 at 07:51am
Listed by:
Bryce Danna-Marullo 504-301-5583,
Bridgewater Realty Advisors, LLC 504-901-0463,
Mason McCullough 504-298-8631,
Bridgewater Realty Advisors, LLC
Source: GSREIN,MLS#: 2432818

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 48
- Full bathrooms: 32
- 1/2 bathrooms: 16
Heating
- Central
Cooling
- Central Air
Interior area
- Total interior livable area: 26,400 sqft
Property
Parking
- Parking features: Assigned, Off Street, Parking Lot
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony, Courtyard, Fence, Tennis Court(s)
- Pool features: Community, In Ground
Lot
- Size: 1.49 Acres
- Dimensions: 65000sqft
- Features: Corner Lot, City Lot
Details
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Apartment
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Very Good Condition,Resale
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool
Location
- Region: Harvey
Financial & listing details
- Price per square foot: $95/sqft
- Date on market: 2/5/2024
- Tenant pays: Electricity
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