7710 60 N Coronet Court
New Orleans, LA 70126

  • 36 beds
  • 30 baths
  • 15,156 sqft
  • $76 per sqft
  • 1974 build

5.00% INTEREST RATE SELLER FINANCING available. Reach out for additional terms. $16,800 per month in potential gross income - all 3 bed 2.5 bath units renting for max $1,400/mo each. Ten out of twelve units occupied. Fully renovated 12-unit apartment complex at 7710-60 North Coronet Court in New Orleans, LA, offers a lucrative opportunity with a potential monthly rent of $16,800, ensuring a robust and immediate cashflow. The current monthly income of $13,307 supasses the 1% rule. The property contains three (3) fully renovated, 2-story buildings that each contain four (4) units. Each unit is approximately 1,263 sf and contains 3 bedrooms and 2.5 bathrooms. There are few properties in the New Orleans East market that offer fully renovated 3 bedroom 2.5 bathroom apartments, making this a highly sought after destination for tenants. Overall, thisis a solid investment opportunity with high inplace cash flow and a great addition to a multifamily portfolio.

The Gulf South Real Estate Information Network logo Listing courtesy of GSREIN / Bridgewater Realty Advisors, LLC

Last checked: Checking… • Last updated May 2, 2024 •

MLS# 2430142 —

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Sale history

Date Event Source Price % Change
2/19/24
Price Changed GSREIN $1,165,000 -7.9%
1/16/24
Listed / Active GSREIN $1,265,000

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This multifamily located in New Orleans East, New Orleans, LA 70126 is currently for sale for $1,165,000. 7710 60 N Coronet Court is a 15,156 square foot multifamily with 36 beds and 30 baths. 7710 60 N Coronet Court is in the New Orleans East neighborhood of New Orleans and has a WalkScore® of 42, making it car-dependent. This multifamily is in the attendance area of Moton Charter School, Lake Forest Elementary Charter, Benjamin Franklin High School, Enstein Charter School, Mcdonough 35 Senior High School, Hynes Charter School, Warren Easton High School, Edna Karr High School, Alice M. Harte Elementary School, and Bethune Elementary School.

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Listing Courtesy of: GSREIN and Bridgewater Realty Advisors, LLC. Data displayed here has not been verified by Estately. Disclaimers

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