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953 E Monterey Ct
953 E Monterey Ct Gretna, LA 70056
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Overview
Westbank Porfolio Listing of one Four-Plex and one SFR minutes from each other with easy access to Behrman Hwy. Both properties offer spacious living with long term tenants and stable rental income. Properties have central air and heat with off street parking. Seller financing offered with 4.75% interest amortized over 30 years with 25% down and 5 year balloon. Properties priced at $87/ft with value add potential. Don't miss out.
For Sale
Investment
Multifamily
Secondary Uses: Duplex/Quadplex
- Sale Price
- $660,000
- Price Per SF
- $87.5/SF
- Cap Rate
- 8.26%
- Building Size
- 7,545 SF
- Acres
- 0.3 ac
- Zoning
- RR3
- Zoning Description
- Three And Four Family Residential District
- Gross Income
- $96,000
- Net Operating Income
- $54,521
- Pro Forma NOI
- $61,200
- Total Expenses
- $36,679
- Floors
- 2
- Year Built
- 1977
- Submarket
- Greater New Orleans
- Nearest MSA
- New Orleans-Metairie
- Total Units
- 5
- Laundry
- In Each Unit
- County
- Jefferson Parish
- Available
- 2025-07-31
- Created
- 2025-08-01
- Updated
- 2025-08-01
- Listing ID
- 331d450b
- Parcel APN
- 200002763