10686 Lincoln Beach Boulevard

Description

DISCOVER AN EXCELLENT INVESTMENT OPPORTUNITY WITH THIS FOUR PLEX LOCATED IN NEW ORLEANS EAST. EACH UNIT FEATURES TWO BEDROOMS, ONE FULL BATH, ONE HALF BATH, A COMFORTABLE LIVING ROOM, A BREAKFAST AREA AND A LAUNDRY ROOM---MAKING IT ATTRACTIVE FOR LONG TERM TENANT APPEAL. THE EXTERIOR BOASTS A COMBINATION OF BRICK AND SIDING, OFFERING DURABILITY WITH LOW MAINTENANCE. THE PROPERTY INCLUDES SEPARATE ELECTRIC AND WATER METERS FOR EACH UNIT AND NO GAS SERVICE, SIMPLIFYING UTIILITY MANAGEMENT. OFF-STREET PARKING PROVIDES ADDED CONVENIENCE FOR RESIDENTS.ALL UNITS ARE CURRENTLY LEASED AND THE AREA IS KNOWN FOR STRONG RENTAL POTENTIAL, MAKING IT EASY TO KEEP UNITS OCCUPIED. WHETHER YOU ARE LOOKING TO EXPAND YOUR INVESTMENT PORTFOLIO OR PLAN TO OWNER-OCCUPY ONE UNIT AND LET THE RENTAL INCOME OFFSET YOUR MONTHLY NOTE, THIS PROPERTY DELIVERS EXCEPTIONAL FLEXIBILITY. ADDITIONAL HIGHLIGHTS INCLUDE CURRENT INSURANCE AT APPROXIMATLEY $9000.00 PER YEAR IN A LOCATION THAT MAY NOT REQUIRE FLOOD INSURANCE. THE CURRENT OWNER DOES NOT CARRY FLOOD INSURANCE AT THIS TIME.DON'T MISS THIS CHANCE TO OWN A SOLID INCOME PRODUCING PROPERTY IN A GROWING AND HIGHLY RENTALBLE NEIGHBORHOOD.