5811 17 KEVIN DR, Metairie, LA 70003
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5811 17 KEVIN DR, Metairie, LA 70003
5811 17 KEVIN DR, Metairie, LA 70003
5811 17 KEVIN DR, Metairie, LA 70003
5811 17 KEVIN DR, Metairie, LA 70003
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5811 17 KEVIN DR Metairie, LA 70003

17 Beds

8 Baths

7,500 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $106

MLS Listing ID 2564103

Style Traditional

Bedrooms 17

Full Baths 8

Construction Status Very Good Condition

HOA Y/N No

Year Built 1950

Property Sub-Type Duplex

Property Description

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.

Location

State LA

County Jefferson

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Driveway, Garage, Off Street

Pool None

Utilities Available Sewer Not Available

Water Access Desc Public

Roof Type Shingle

Building

Lot Description City Lot, Oversized Lot

Entry Level Two

Foundation Raised, Slab

Sewer None

Water Public

Architectural Style Traditional

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID multple

Special Listing Condition None


Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by The Agency of M. Grass Group, LLC
Nicole Boisdoré

Nicole Boisdoré

Rêve | Realtor | License ID: 995714591

+1(228) 263-0869

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5811 17 KEVIN DR

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