šŸ  5811 17 KEVIN Drive, Metairie, LA, 70003 MLS Sale Listing

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$799,000
11 Days On Site

5811 17 KEVIN Drive
Metairie, LA 70003

For Sale|Duplex|Active
17
Beds
8
Total Baths
8
Full Baths
7,500
SqFt
$107
/SqFt
1950
Built
County:
Jefferson
Call Now: (504) 517-6533
Is this the listing for you? We can help make it yours.
(504) 517-6533
5811 17 KEVIN Drive5811 17 KEVIN Drive5811 17 KEVIN Drive5811 17 KEVIN Drive
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Monthly Payment (Est.)

$3,645
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Rare opportunity to acquire a seven-unit multifamily investment portfolio in the heart of Metairie! Offered as a package sale, this unique assemblage includes 5811-5813 Kevin Drive, 5815 Kevin Drive (Units A, B & C), and 5817 & 5817.5 Kevin Drive. Situated on an approximately 150' x 150' site, this portfolio offers a combination of current cash flow and significant value-add potential. 5811 Kevin Drive was completely renovated following Hurricane Ida and features a 2-bedroom, 1-bathroom floorplan with private laundry. 5813 Kevin Drive offers a 3-bedroom, 1-bathroom layout and also features private laundry. 5817 Kevin Drive and 5817.5 Kevin Drive collectively offer 6 bedrooms and 3 bathrooms, with each unit featuring its own dedicated laundry area. The triplex located at 5815 Kevin Drive is currently undergoing extensive renovations by the seller, including a new roof, new HVAC systems, updated electrical wiring, new windows, and numerous additional improvements. Upon completion, the property will provide a tremendous opportunity for increased rental income and long-term appreciation. Additional features include garage/storage space and a common laundry area serving the units at 5815 Kevin. With existing income in place and substantial upside through the completion and stabilization of 5815 Kevin Drive, this portfolio is well-positioned for both seasoned and first-time investors. Conveniently located near shopping, dining, schools, and major thoroughfares. Properties to be sold as a package. Buyer to independently verify all measurements, income, expenses, occupancy, and property information.

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Listing Snapshot
PriceĀ 
$799,000
Days On SiteĀ 
11 Days
BedroomsĀ 
17
Inside Area (SqFt)Ā 
7,500 sqft
Total BathsĀ 
8
Full BathsĀ 
8
Partial BathsĀ 
N/A
Lot SizeĀ 
N/A
Year BuiltĀ 
1950
MLSĀ® NumberĀ 
2564103
StatusĀ 
Active
Property TaxĀ 
N/A
HOA/Condo/Coop FeesĀ 
N/A
Sq Ft SourceĀ 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLSĀ®
General Features
Cross StreetĀ 
Orlando Drive & Elise Avenue
FoundationĀ 
RaisedSlab
GarageĀ 
Yes
LevelsĀ 
Two
ParkingĀ 
DrivewayGarageOff Street
Property Sub TypeĀ 
Duplex
SewerĀ 
None
StyleĀ 
Traditional
UtilitiesĀ 
Sewer Not Available
Water SourceĀ 
Public
Interior Features
CoolingĀ 
Central Air
HeatingĀ 
Central
Laundry FeaturesĀ 
Laundry Room
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Exterior Features
Lot FeaturesĀ 
City Lot
Pool FeaturesĀ 
None
RoofĀ 
Shingle
Listing courtesy of The Agency of M. Grass Group, LLC

Copyright Ā© 2017-present, New Orleans Metropolitan Association of REALTORSĀ®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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