Courtesy of: Lara Schultz, REVE, REALTORS, lasnola@yahoo.com
Courtesy of: Lara Schultz, REVE, REALTORS, lasnola@yahoo.com
$900,000
|
Other
|
$900,000
901 E ST. BERNARDY Highway Double the Opportunity: 11-Unit Cash Cow in Chalmette 901 E. St. Bernard Hwy / 2005 Plaza Dr., Chalmette, LA Unlock the potential of this two-building, 11-unit powerhouse sitting on a single lot, delivering a hefty monthly income of $9, 603. Nestled between 901 E. St. Bernard Hwy and 2005 Plaza Dr., these buildings share a charming courtyard and a track record of sky-high occupancy. With some long-term tenants locked in at below-market rents, this is a golden ticket for investors hungry for steady cash flow and serious value-add upside. Meticulously maintained, this property shines with recent upgrades: both buildings sport new roofs from Summer 2021, and units are renovated as they turn over—one vacant unit is currently getting a fresh makeover. Coin-operated laundry and off-street parking out front keep tenants happy and revenue rolling. Just a stone’s throw from downtown New Orleans and the French Quarter, it’s the perfect blend of suburban ease and urban allure. Sweeten the deal: the owner is also selling the neighboring 6-plex at 2009 Plaza Dr. (MLS# 2491831)—why stop at 11 units when you can dominate the block? Seize this rare combo of reliability and growth potential before it’s gone!
Courtesy of: Lara Schultz, REVE, REALTORS, lasnola@yahoo.com
Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.