1200 E Judge Perez Drive Chalmette, LA 70043
A notable commercial/residential property is situated at the corner of E. Judge Perez and Palmisano, right across from Chalmette High School. The commercial space on the ground floor is rented to a restaurant for a gross of $2, 700. Above, there are three (3), two-bedroom/one-bath apartments, each with market rents of $1, 000. Family members occupy some of the residential units at abated rates. This attractive property features high visibility, substantial improvements, a high level of maintenance (new roof 2021), and is in superb condition, offering an enviable cap rate, making it an exceptional investment opportunity. If you're in search of that elusive positive cash flow, consider incorporating this into your portfolio immediately.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountySt. Bernard
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site26 Days
- MLS StatusActive
- MLS ID Number2467041
- Home Size Source Appraiser
- Year Built1974
- Lot Size0 Acres
- Full Baths3
- Partial Baths2
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Learn MoreRecent Activity For 1200 E Judge Perez Drive Chalmette, LA 70043
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| 4 weeks ago |
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General Features
- Style Other
- Construction Brick Veneer
- Parking DrivewayOff StreetThree Or More Spaces
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0
- Water Public
- Cross Street Palmisano, Riverland
- Property Sub Type Mixed Use
- Foundation Slab
Interior Features
- Cooling Central Air
- Heating Central
Exterior Features
- Roof Other
- Pool Features None
- Lot Corner LotOutside City Limits