12-unit investment property located in the Holly Hills neighborhood, just a short walk from Carondelet Park. This well-maintained 12-unit building is a prime investment opportunity with upside.
The property features a mix of 8 one-bedroom/one-bath units and 4 studio apartments, each ranging between 400 to 500 square feet. This is ideal for easy maintenance and consistent tenant demand. 8 of the 12 units have been updated, offering new finishes while still leaving value-add potential through future renovations and rent increases.
This property is perfectly positioned for long-term growth. Whether you’re expanding your portfolio or entering the multifamily market, this is an opportunity you don’t want to miss.
Basic Details
Property Type : Residential Income
Listing ID : 25050700
Price : $710,000
Year Built : 1958
Status : Active
Property Sub Type : 5 Family or More
Features
Heating System : Forced Air, Natural Gas
Cooling System : Central Air, Window Unit(s), Electric