Property Description:
This centrally located condo features one bedroom, one bathroom, and approximately 600 square feet of living space. Currently tenant-occupied, it generates a steady monthly income of $700.
A recent Abbott Price property analysis suggests a potential rental income of $1,200 per month after cosmetic upgrades.
The monthly condo fees of $170 cover external insurance, water, pool, and standard area maintenance.
Located in a vibrant area, just minutes from key attractions and amenities.
Investment Highlights:
Centrally located
One bed / one bath second-floor condo
X-Flood Zone
Approximately 600 sqft of living space
Tenant occupied, generating $700/m in rent
Potential $1,200/m rental income with cosmetic upgrades
$170/m condo fees covering external insurance, water, pool, and common area maintenance
On-site laundry and off-street parking for convenience
Area Highlights:
Proximity to Dragos, Lakeside Mall, and Lake Pontchartrain
Easy access to I-10, just 15 minutes from the airport and CBD
Vibrant shopping and dining along Veterans Blvd
Close to East Jefferson Hospital and Haynes Academy