181 Sandra Del Mar Drive #181, Mandeville, LA 70448
Local realty services provided by:ERA Sarver Real Estate
181 Sandra Del Mar Drive #181,Mandeville, LA 70448
$89,000
- 2 Beds
- 2 Baths
- 1,150 sq. ft.
- Condominium
- Active
Listed by:gregg tepper
Office:keller williams realty services
MLS#:2507447
Source:LA_GSREIN
Price summary
- Price:$89,000
- Price per sq. ft.:$77.39
About this home
CALLING ALL INVESTORS! This property offers a high cap rate and far exceeds the 1% rule. CASH ONLY. The condo is currently rented at $1,200 per month, generating immediate cash flow, and tenants will remain with the sale. Located in Mandeville, this affordable 2-bedroom, 1.5-bath condo features a new roof installed after Hurricane Ida and an HVAC system replaced in 2020. Just 1 minute to the Causeway and 5 minutes to I-12, with access to Mandeville schools. Enjoy a wood-burning fireplace, bar-top seating in a cozy kitchen, a half bath on the main floor, and two bedrooms with a shared bathroom upstairs. The unit has all ceramic tile flooring throughout the first floor. Nearby amenities include Tammany Trace, Mandeville Trailhead, Sunset Point, and the lakefront—all a short bike ride away. The condo also offers a fenced-in patio and assigned parking. Condo fees cover water, garbage, exterior property insurance, common area maintenance, flood insurance, and termite coverage. Don’t miss this great investment opportunity! Free 1yr interest rate buydown and no lender refinance fees for qualified buyers when using Envoy Mortgage.
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Home facts
- Year built:2000
- Listing ID #:2507447
- Added:106 day(s) ago
- Updated:October 01, 2025 at 07:46 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Living area:1,150 sq. ft.
Heating and cooling
- Cooling:1 Unit, Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:2000
- Building area:1,150 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$89,000
- Price per sq. ft.:$77.39
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