901 E St. Bernardy Hy , Chalmette
$870,000
Double the Opportunity: 11-Unit Cash Cow in Chalmette
901 E. St. Bernard Hwy / 2005 Plaza Dr., Chalmette, LA
Unlock the potential of this two-building, 11-unit powerhouse sitting on a single lot, delivering a hefty monthly income of $9,603. Nestled between 901 E. St. Bernard Hwy and 2005 Plaza Dr., these buildings share a charming courtyard and a track record of sky-high occupancy. With some long-term tenants locked in at below-market rents, this is a golden ticket for investors hungry for steady cash flow and serious value-add upside.
Meticulously maintained, this property shines with recent upgrades: both buildings sport new roofs from Summer 2021, and units are renovated as they turn overâone vacant unit is currently getting a fresh makeover. Coin-operated laundry and off-street parking out front keep tenants happy and revenue rolling. Just a stoneâs throw from downtown New Orleans and the French Quarter, itâs the perfect blend of suburban ease and urban allure. Sweeten the deal: the owner is also selling the neighboring 6-plex at 2009 Plaza Dr. (MLS# 2491831)âwhy stop at 11 units when you can dominate the block? Seize this rare combo of reliability and growth potential before itâs gone!
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