CENTURY 21 Action Alert

7518 Chef Menteur Hy, New Orleans, LA 70126 — Price: $310,000

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Commercial
Square Feet 720
Year Built 1997
# Stories 2
MLS Number: 2130872


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Directions


Exit Chef HWY, property is approx 1 mile down on the right

Description


Location! Great Investment! Super high traffic commercial property located on Chef Menteur HWY close to I-10. High cap rate, tenant occupied, ready for you to start collecting checks. Current tenant lease runs through August of 2018. Can be extended or terminated at that time if buyer wants to occupy. 2 bedroom apartment on site needs some TLC but can be updated to add extra revenue stream. Net lease, X Flood Zone!

Features:


Exterior Metal exterior
Lot Lot acreage is: 0.0000
Lot size: 85x258
Lot zoned: C-1
Lot number: 23
Utilities City sewer
Public water
Natural gas
Construction Total square feet: 720
Living square feet: 720
Other Boat dockage


Mortgage Payments


The approximate monthly Principal & Interest payment for this property would be $1,492.19.
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Courtesy of:


Keller Williams Realty 455-0100



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