314-318 Robinson AveMarrero, LA 70072

Property Details for 314-318 Robinson Ave

Year built

2002

Lot size

0.09 AC

Property size (Sq ft)

4,200 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a 12-unit multifamily property situated on a 0.09-acre lot at 314-318 Robinson Avenue in Marrero, Louisiana. The property encompasses three separate four-plex buildings, each offering twelve individual units. Each unit boasts one bedroom and one bathroom, equipped with brand new appliances including stoves and refrigerators. Individual units also feature window air conditioning units for tenant comfort. The property's substantial 4,200 square feet of space is complemented by a robust, recently replaced metal roof, installed within the last decade. This significant upgrade significantly reduces ongoing maintenance expenses and ensures long-term structural integrity. The property's location in the thriving Marrero area offers strong potential for rental income generation and future property value appreciation. This makes it an ideal acquisition for investors seeking to diversify their holdings and capitalize on the robust rental market. The asking price for this well-maintained, high-yield investment property is $700,000. This represents a compelling opportunity to secure a substantial return on investment in a desirable and growing market.

Location Insight

City

Marrero

County

Jefferson

State

Louisiana

Latitude

29.9014

Longitude

-90.1079

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