5636 E JUDGE PEREZ DR Active

Violet,LA 70092

$ 899000

7 Beds

7 Baths

9400 SqFt


Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,400 sqft

Price per Sqft $95

MLS Listing ID 2478011

Style Other

Bedrooms 7

Full Baths 7

Year Built 1985

Property Description

BACK ON MARKET! Introducing 5636-38 E. Judge Perez Drive, a mixed- use commercial/residential property located in Violet, LA. This well-maintained 14-unit building consists of (7) 1 Bedroom 1 Bathoom units on the second floor and (7) commercial units on the ground floor. The convenience store located in the front of the building occupies (3) of the commercial units with a monthly rent of $3,000. Building has a NEW ROOF that was put on in 2023. 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. Rents on the second story residential units have been raised from $700 to $800 and for units A & B the rent has been increased to $1,147 per month. The market rate for the commercial units is $1,000 per month with the end cap taking up 3 spaces for $3,000 per month. For added convenience, ample off-street parking is available, eliminating the hassle of finding a parking spot and enhancing the overall living experience. In sum, 5636-38 E. Judge Perez 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.

Location

State LA

County St. Bernard

Interior

Heating Central,Window Unit

Cooling Central Air,Window Unit(s)

Exterior

Parking Features Off Street

Roof Type Shingle

Building

Lot Description City Lot,Rectangular Lot

Foundation Slab

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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