1200 E Judge Perez Drive, Chalmette, LA 70043
Local realty services provided by:ERA Sarver Real Estate
1200 E Judge Perez Drive,Chalmette, LA 70043
$550,000
- 6 Beds
- 5 Baths
- 4,800 sq. ft.
- Multi-family
- Active
Listed by:michael baker
Office:realty resources, inc.
MLS#:2495494
Source:LA_GSREIN
Price summary
- Price:$550,000
- Price per sq. ft.:$114.58
About this home
A notable commercial/residential property is situated at the corner of E. Judge Perez and Palmisano, right across from Chalmette High School. The commercial space on the ground floor is rented to a restaurant for a gross of $2,700. Above, there are three (3), two-bedroom/one-bath apartments, each with market rents of $1,000. Family members occupy some of the residential units at abated rates.
This attractive property features high visibility, substantial improvements, a high level of maintenance (new roof 2021), and is in superb condition, offering an enviable cap rate, making it an exceptional investment opportunity.
If you're in search of that elusive positive cash flow, consider incorporating this into your portfolio immediately.
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Home facts
- Year built:1970
- Listing ID #:2495494
- Added:388 day(s) ago
- Updated:October 03, 2025 at 04:09 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Full bathrooms:3
- Half bathrooms:2
- Living area:4,800 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Year built:1970
- Building area:4,800 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$114.58
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