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7710-60 N Coronet Court New Orleans, LA $ 1,165,000
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7710-60 N Coronet Court
$ 1,165,000
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7710-60 N Coronet Court

New Orleans, LA, 70126
$ 1,165,000
Bedrooms36 Baths24.12 Sq 15,156

Monthly Estimate*

$ 8,138

7710-60 N Coronet Court, New Orleans, LA 70126 - Image 1
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Multi-Family Home for sale in New Orleans, LA

for $1,165,000 with 36 bedrooms and 24 full baths, 12 half baths. This 15,156 square foot home was built in 1974.

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.

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Multi-Family Active

Price

$ 1,165,000

Bedrooms

36

Full Bath

24

Half Bath

12

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1974

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2430142
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Flat
Architectural Style Other
Pool Features None
Construction Materials Brick
Year Built 1974
Tenant Pays Electricity Water
Stories 2
Levels Two
Property SubType Apartment
County Orleans
New Construction 0
Property Type Residential Income
Total Rooms 0
Status Active
City New Orleans
Total Units 12
Street Name CORONET
Year Built Details Resale Renovated cosmetic changes of at least 50% total living area - i.e. paint
Property Condition Excellent Repairs Cosmetic Resale
Days on Market 107
Standard Status Active
Property Sub Type Additional Apartment
Legal Description 1. SQ 2 PARC BRITTANY 3HH 2. LOT 2-A N CORONET CT 3. 50 X 140 2/STORY BR & FR 4. FOURPLEX 5/R EA C/R
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Exterior
Parking Features Off Street Parking Lot Three or more Spaces
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Foundation Details Slab
Lot Dimensions 21018
Lot Size Acres 0
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Full Baths 24
Half Baths 12
Street Suffix Court
Total Bedrooms 36
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* Excluded Features
List By
Bridgewater Realty Advisors, Llc

Broker

bryce@bridgewater.realty

Email

Affordability Calculator

$8,138
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Monthly Principal & Interest
$8,138
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/19/2024$1,165,000 -7.91% Price Down
1/17/2024$1,265,000 Listed Price

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7710-60 N Coronet Court, New Orleans, LA, 70126 is a Multi-Family Home for sale at $1,165,000 with 15,156 sqft. 7710-60 N Coronet Court has 36 bedrooms, 24.12 baths, and was built in 1974. The property's zip code is 70126 which is in New Orleans, LA

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