$525,000
$549,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
97-103 TRACE LOOP Mandeville, LA 70448
12 Beds
8 Baths
4,070 SqFt
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,070 sqft
Price per Sqft $128
Subdivision Greenleaves Trace
MLS Listing ID 2472876
Sold Date 04/14/25
Style Traditional
Bedrooms 12
Full Baths 8
Construction Status Very Good Condition
HOA Y/N No
Year Built 1983
Property Sub-Type Quadruplex
Property Description
Excellent Investment opportunity in the popular Greenleaves subdivision! This property consists of four spacious units totaling over 4000 square feet, each with 3 bedrooms and 2 bathrooms. All 4 units are professionally managed with qualified tenants in place with adjustable rents. Each unit includes features such as a wood-burning fireplace and in-unit laundry hookups with 3 of the 4 just renovated within the last 2 years with fresh paint, new LVP flooring, refreshed cabinets, and more. There is ample tenant and visitor parking along with a open park-like rear yard for tenants to enjoy. Recent property updates include new electrical panels and newer AC units both inside and out. The complex is in an area with walking paths, bike trails, ponds, and parks, and is just minutes from I-12, the Causeway, Lakefront, Old Mandeville shops and restaurants, the Trace, and popular music and community events, as well as being in a high-demand school district.With so much to offer, this could be the perfect property to add to your portfolio or help to start your reaching your investment goals!
Location
State LA
County St Tammany
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot
Pool None
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status Very Good Condition
Schools
Elementary Schools Woodlake
Middle Schools Gayle Sloan
High Schools Fontainebleau
Others
Tax ID 49214
Financing Conventional
Special Listing Condition None
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Bought with Maison Nola Realty
