3005 Lake Villa Drive, Metairie, LA 70002

Metairie
Local realty services provided by:ERA TOP AGENT REALTY
3005 Lake Villa Drive,Metairie, LA 70002
$699,000
  • 11 Beds
  • 6 Baths
  • 4,580 sq. ft.
  • Multi-family
  • Active
Listed by: lori scott
Office: keller williams realty new orleans
MLS#:2554628
Source:LA_GSREIN

Price summary

  • Price:$699,000
  • Price per sq. ft.:$152.62

About this home

INVESTMENT OPPORTUNITY IN METAIRIE! Great 6 plex that is fully rented with long term tenants at a wonderful location of Metairie. Six units consisting of five -2 bedroom, 1 bath and one- 1 bedroom/ 1 bath unit. The 1 bedroom is currently the manager's unit. Currently under rented at $6125 month, plus coin operated laundry income. Rent Proforma $7400. month. Tenants pay electric, owner pays water. Coin operated washers and dryers on site, current income $350. monthly. Laundry located rear of building in common area. Each unit has an assigned parking lane which holds 2 cars each. All underground plumbing has been replaced a few years back. Easy access to interstate, Veterans Hwy, bus stops, restaurants, groceries, etc... Flood Insurance $1689. 1 1/2 blocks from Raising Cane's Chicken and MOOYAH Burgers on Veterans, Fantastic location!! Buyer and Buyer's agent to do their own due diligence on Flood zone, etc.. Gross rental income: $6125 per month/ $73,500 annually ($77,100 yr w/ coin...

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Home facts

  • Year built:1975
  • Subdivision & Development:Lake Villas
  • Listing ID #:2554628
  • Added:186 day(s) ago
  • Updated:October 26, 2026 at 03:33 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:4,580 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1975
  • Building area:4,580 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:City Lot, Oversized Lot, Rectangular Lot
  • Architectural Style:Traditional
  • Construction Materials:Brick, Frame
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$699,000
  • Price per sq. ft.:$152.62

Parking

  • Parking description:Assigned, Off Street, Parking Lot

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