112 ADDISON ST Jefferson, LA 70121
4 Beds
4 Baths
2,476 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,476 sqft
Price per Sqft $120
MLS Listing ID 2580831
Bedrooms 4
Full Baths 4
Construction Status Average Condition
HOA Y/N No
Year Built 1970
Lot Size 5,924 Sqft
Acres 0.136
Property Sub-Type Townhouse
Property Description
Current rents total $2,650 per month, or $31,800 annually, and are below nearby market rents. The included pro forma projects rents of $1,150 per unit, while an analysis reports an average and median of $1,295 for nearby one-bedroom rentals.
The property needs updates, allowing its next owner to improve the units while capturing meaningful rental upside. Conveniently located by Ochsner Medical Center, Oak Street, Earhart Expressway, the Mississippi River and New Orleans. An incredible opportunity to acquire an income-producing property with strong value-add potential!
Location
State LA
County Jefferson
Interior
Heating Central, Window Unit, Dual System
Cooling Window Unit(s)
Fireplace No
Laundry In Unit
Exterior
Parking Features Driveway, Off Street, Three or more Spaces
Water Access Desc Public
Roof Type Asphalt
Building
Lot Description City Lot, Rectangular Lot
Dwelling Type Townhouse
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Average Condition
Others
Tax ID 0700001556
Special Listing Condition None
