200 Pink StMetairie, LA 70005

Property Details for 200 Pink St

Year built

1960

Property size (Sq ft)

1,792 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This meticulously maintained, single-story duplex in desirable Old Metairie, Louisiana, presents a compelling investment or owner-occupied opportunity. Built in 1960 and extensively renovated in 2020, the property boasts 1,792 square feet situated on a 5,000 square foot lot. The property is zoned RD2 and features two units, each offering significant rental income potential. Located at 200 Pink Street, Metairie, LA 70005, this property enjoys a prime location just off Metairie Road, providing convenient access to a vibrant array of shops, restaurants, and amenities. The asking price is $499,000, translating to a price per square foot of $278.46 and a price per unit of $249,500. This represents a strong value proposition in a highly sought-after neighborhood. The property is also available as part of a larger five-building portfolio for $2.5 million. This turnkey investment offers immediate cash flow and the potential for long-term appreciation in a stable market. The property is not subject to a ground lease. This is an exceptional opportunity for investors seeking a high-return asset in a prime location.

Location Insight

City

Metairie

County

Jefferson Parish

State

Louisiana

Latitude

29.9879

Longitude

-90.1258

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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.

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 unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].