$599,000
Active
44 Days Online
0 Beds0 Baths8,400 SQFT
Active

77074 Tantela Ranch Road Covington, LA 70435

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Value add opportunity located in Covington on over 8 acres. 8-plex stays rented and all are currently rented for a total of $7, 800/mo (straight rent no government assistance on any of the units) with current management in place. There are 7-3/2s and one unit is a 2/2 - each unit about 1200sqft. Each building has a metal roof, the left unit has covered parking. Tenants pay electricity with their own separate electric meter, there are 8 wells and 2 septic systems, all of the units have their own HVAC. All interior units have new flooring (most have ceramic tile throughout), and updated interiors. Most of the central AC units are new within the last few years. Priced based on condition and seller is not willing to do any repairs. There is no for sale sign on the property

  • Property TypeCommercial
  • NeighborhoodNot A Subdivision
  • CountySt. Tammany
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site44 Days
  • MLS StatusActive
  • MLS ID Number2463073
  • Home Size Source N/A
  • Year Built1978
  • Lot Size0 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking CarportDriveway
  • Sewer Septic Tank
  • Number of Stories 11
  • Acreage 0
  • Water Well
  • Cross Street Hwy 1077
  • Zoning RES

Exterior Features

  • Lot Outside City Limits

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Monthly Payment (Est.)

$2,898
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