For Sale
$185,000

605 Wilker Neal Ave River Ridge, LA 70123

Louisiana duplex, 2 units, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
136
This River Ridge, Louisiana duplex at 605 Wilker Neal Ave offers a compelling investment opportunity. Priced at $185,000, this multifamily property boasts a total of 2,250 square feet and comprises two units, each featuring three bedrooms and one bathroom. One unit is currently occupied, while the other is vacant, presenting a significant value-add opportunity for a new owner. The vacant unit allows for immediate rent increase potential or the possibility of owner occupancy. The property's convenient location between Jefferson Highway and Airline Highway provides easy access to both major thoroughfares, approximately two minutes to each. Detailed financial information, including rent roll, income, and expense data, is available upon request. This property presents a strong potential for income generation and appreciation. The property is located in Jefferson Parish, Louisiana, zip code 70123.

Highlights

  • Significant value-add potential.
  • Two 3-bedroom, 1-bathroom units.
  • Two minutes to Jefferson Hwy and Airline Hwy.

Property Details for 605 Wilker Neal Ave

Property type
Apartment buildings
Square Feet
2,250 SF
Units
2

Location Insight

City
River Ridge
County
Jefferson Parish
State
Louisiana
Latitude
29.9741833
Longitude
-90.2342985

FAQs

What type of property is this?
Apartment building - Louisiana duplex, 2 units, value-add opportunity.
Where is the apartment building located?
The property is located at 605 Wilker Neal Ave River Ridge, LA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Significant value-add potential.; Two 3-bedroom, 1-bathroom units.; Two minutes to Jefferson Hwy and Airline Hwy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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605 Wilker Neal Ave
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