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1126-1132 Montgomery Street, Mandeville, LA 70448

$1,000,000

Multi-Family|23 Beds|14 Full Baths

10,102 SqFt|MLS# 2141559

List Price
$1,000,000
List Date
02/12/2018
Status
Active
Type
Multi-Family
Bedrooms
23
Full Bathrooms
14
Half Bathrooms
6
Living Square Feet
10,102 SqFt
Number of Units
8
MLS#
2141559

Description

Rare Investment Opportunity in suburban Mandeville! Two duplexes on Montgomery St are raised cottages, Two duplexes on Colbert St are townhomes on slab, for a total of eight, well-maintained units in demand school district. Each of the 8 units have individual electrical meters, water meters, and trash collection. This will not last!

Location

Parish
St. Tammany
Subdivision
Not A Subdivision

Schools

Elementary
Woodlake
Junior High
Mandeville
Middle
Lake Harbor
High
Mandeville

Details

General Information

Stories
1
Approximate Age
34
Approximate Age Description
Resale

Parking
• Two
• Driveway Only
Style
• Townhouse

Other Features

Waterfront
0
Sold with Waiver of Redhibition
Yes
Green Certification
No

Financial Information

Bond for Deed
No
Foreclosure
No
Lease Purchase
No
Owner May Finance
No

Utilities

Electric
Cleco
Electric Paid By
Tenant
Water
Public
Water Paid By
Tenant
Sewer
City
Meter Set Up
Separate

Heating
• Central
Air Conditioning Type
• Central

Exterior

Lot Size
172.9 x 328.8
Acreage
1.3

Building Exterior
• Vinyl Siding
• Wood Siding
Exterior Features
• Balcony
• Driveway Permeable Surface
• Porch
• Window Screens
Foundation
• Slab
Lot Description
• Regular
Roof
• Asphalt

Interior

Elevator
No
Measurements Approximate
Yes

Listing Courtesy of GARDNER, REALTORS

Directions

Turn south from Hwy 190 onto Colbert toward the lake - first stop sign turn left


Bounding Streets

Colbert, Louvois & Villere


Map and Points of Interest

Select a Point of Interest and Radius from the form above.

Mandeville

School Information

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**Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

***Assessments are monthly fees such as Home Owners Association(HOA) Fees etc...

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