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Property view

7710-60 N Coronet Court, 
New Orleans, LA 70126

$1,165,000

Last List Price

36

Beds


36

Baths


15,156

Sq Ft


Multi-Family

Sold

Listed by

Bryce Danna-Marullo

Mason Mccullough

Bought with JW Property Services, LLC

Bridgewater Realty Advisors, LLC.

504-298-8631

MLS#

2430142

Source:

LA GSREIN

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About This Home

7710-60 N Coronet Court

5.00% INTEREST RATE SELLER FINANCING available. Reach out for additional terms. $16,007 per month in gross income - all 3 bed 2.5 bath units renting for max $1,400/mo each. FULLY 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 $16,007, ensuring a robust and immediate cashflow. The current monthly income of $16,007 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.

Home Facts

Multi-Family

36 Baths

36 Bedrooms

Built in 1974

Price Summary

1,165,000

$76 per Sq. Ft.

MLS #:

2430142

Sold:

January 28, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

36

Bathrooms

Total Bathrooms:

36

Full Bathrooms:

24

Interior

Living Area:

15,156 Sq. Ft.


Structure

Structure

Building Area:

15,156 Sq. Ft.

Year Built:

1974


Finances & Disclosures

Finances

Price:

$1,165,000

Price per Sq. Ft:

$76 per Sq. Ft.

Source:LA GSREIN
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