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Four unit multifamily property in the heart of Terrytown, offering a rare blend of stable income and owner-occupant flexibility. Each of the four apartments is a spacious two bedroom, one bathroom unit, currently generating $1,000 per month in rent for a combined $4,000 per month in gross income.
Tenants pay their own electricity, while the owner covers water, keeping operating expenses simple and predictable. Terrytown’s convenient West Bank location puts residents close to shopping, dining, schools and quick access to major commuter routes into New Orleans, which supports consistently strong rental demand.
Whether you are a seasoned investor looking to add a dependable cash flowing asset or a first time buyer hoping to live in one unit and let the other three help pay the mortgage, this property fits. Because it is a four unit building, it may also qualify for FHA or VA owner-occupant financing, opening the door to low down payment options for the right buyer.
Contact the listing team for showings, rent details and financing questions.
Contact the AgentsCall Bryce| Unit | Beds | Baths | Sq Ft | Monthly Rent |
|---|---|---|---|---|
| Unit D | 2 | 1 | 858 | $1,000 |
| Unit C | 2 | 1 | 858 | $1,000 |
| Unit B | 2 | 1 | 858 | $1,000 |
| Unit A | 2 | 1 | 858 | $1,000 |
| Total | 8 | 4 | 3,432 | $4,000 |
Rents and square footage are per the MLS and are approximate. Tenants pay electric; owner pays water.
Tax and flood data from public records. Verify with the parish assessor and a flood zone determination.
Bridgewater Realty Advisors, LLC | 3501 Severn Ave, Suite 19, Metairie, LA 70002 | (504) 901-0463
Bridgewater Realty Advisors is a privately held firm founded on the premise of providing superior client representation in the lease and sale of commercial real estate. Licensed in LA & MS.