Back to search
1308 Mehle Street Arabi, LA $ 550,000
Share Save
$ 550,000 Get more info
1308 Mehle Street
$ 550,000
Back to search
Share Save

1308 Mehle Street

Arabi, LA, 70032
$ 550,000
Bedrooms12 Baths6.0 Sq 4,002

Monthly Estimate*

$ 3,842

1308 Mehle Street, Arabi, LA 70032 - Image 1
1308 Mehle Street, Arabi, LA 70032 - Image 2
1308 Mehle Street, Arabi, LA 70032 - Image 3
1308 Mehle Street, Arabi, LA 70032 - Image 4
1308 Mehle Street, Arabi, LA 70032 - Image 5
1308 Mehle Street, Arabi, LA 70032 - Image 6
1308 Mehle Street, Arabi, LA 70032 - Image 7

Multi-Family Home for sale in Arabi, LA

for $550,000 with 12 bedrooms and 6 full baths. This 4,002 square foot home was built in 1970.

Renovated muli-family 6 plex in the heart of Arabi! Excellent location! Long term tenants with original rent prices from 2019! Huge VALUE ADD opportunity to simply raise rent to market value! Exceeds the 1% rule!! Tons of upgrades! Roof 2020, sewer line redone in 2020, all units renovated with granite counters and vinyl flooring! All units are identical. Market rents are $1100-$1150 making this an excellent cash flowing investment. NO FLOOD insurance required! Community laundry. No landscaping to maintain. Owner currently pays for water which can easily be converted to tenants. Huge Value add opportunity without doing any renovations!

See more
Multi-Family Contingent

Price

$ 550,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1970

Town/City

Arabi

County/Region

Saint Bernard

MLS | Web ID

2439096
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Asphalt Flat Shingle
Architectural Style Other
Construction Materials Brick
Year Built 1970
Stories 2
Levels Two
Property SubType Apartment
County St. Bernard
Property Type Residential Income
Contingency Buyer Financing
Total Rooms 0
Status Active Under Contract
City Arabi
Buyer Agent Compensation 2
Total Units 6
Street Name MEHLE
Property Condition Excellent
Days on Market 38
Standard Status Active Under Contract
Tax Lot 1308
Property Sub Type Additional Apartment
Buyer Agent Compensation Type %
Legal Description As per title
See more
Exterior
Parking Features Parking Lot
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Foundation Details Slab
Lot Dimensions 45x128
Lot Size Acres 0
See more
Interior
Air Conditioning Y/N 1
Heating Y/N 1
Full Baths 6
Half Baths 0
Street Suffix Street
Total Bedrooms 12
See more
* Excluded Features
List By
Lpt Realty, Llc.

Broker

mbaradell@gmail.com

Email

Affordability Calculator

$3,842
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
--
Monthly Home Insurance
--
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/18/2024$550,000 -4.35% Price Down
3/26/2024$575,000 -4.17% Price Down
3/16/2024$600,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1308 Mehle Street, Arabi, LA, 70032 is a Multi-Family Home for sale at $550,000 with 4,002 sqft. 1308 Mehle Street has 12 bedrooms, 6.0 baths, and was built in 1970. The property's zip code is 70032 which is in Arabi, LA

Get more info