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4218 Hessmer Ave, Metairie LA 70072 Available

  • $265,000
  • 4 beds
  • 4 baths

πŸ”₯ FOUR-UNIT INVESTMENT PACKAGE β€” TURNKEY CASH FLOW OPPORTUNITY! πŸ”‘

A rare chance to purchase FOUR individual 1-bed, 1-bath units as a complete package deal β€” all tenant-occupied, all cash-flowing, and all featuring in-unit laundry (a HUGE rental premium! πŸ™Œ).

Plus β€” gated parking on-site πŸš— β€” a major amenity that increases rental desirability and reduces vacancy.

Whether you’re expanding your portfolio or stepping into multifamily investing, this bundle offers stable income, low maintenance, and room for rent growth.

🏑 PROPERTY HIGHLIGHTS

  • Four 1BR / 1BA units β€” sold together

  • Laundry in each unit

  • Gated, secured parking for residents β€” HUGE added value

  • Long-term tenants & historically low vacancy

  • Professionally managed building

  • Condo fee: $275/month per unit

  • Tenants pay their own utilities

  • Easy-to-maintain layouts & systems

πŸ’΅ CURRENT RENT ROLL

  • Unit 302: $800/month

  • Unit 303: $950/month

  • Unit 304: $800/month

  • Unit 305: $850/month

πŸ‘‰ Total monthly income: $3,400
πŸ‘‰ Total annual income: $40,800

πŸ“ˆ WHY THIS IS A SMART INVESTMENT

  • Instant cash flow from day one β€” fully rented

  • Gated parking increases rentability + security (most 1BR units don’t offer this!)

  • In-unit laundry β†’ top tenant amenity, supports higher rents

  • Low maintenance = predictable, steady returns

  • Opportunity for future rent increases

  • Turnkey portfolio addition for any investor

  • Perfect long-term hold in a desirable area

Call 504-920-4747 for more info!

Make An Offer!

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Price:
$265,000
Address:
4218 Hessmer Ave
Metairie, LA 70072
Bedrooms:
4
Bathrooms:
4
Terms:
Assignment of Contract
Property Type:
Multi-family

Call (504) 920-4747 for more details

Property Location