16
See all 16 photos
$899,000
Est. payment /mo
7 BD
7 BA
9,400 SqFt
Active
5636 E JUDGE PEREZ DR Violet, LA 70092
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UPDATED:
12/02/2024 09:24 PM
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
Construction Status Very Good Condition
HOA Y/N No
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)
Fireplace No
Exterior
Parking Features Off Street
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID 087261
Special Listing Condition None
Listed by Bridgewater Realty Advisors, LLC
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