1200 E Judge Perez Drive, Chalmette, LA 70043
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
1200 E Judge Perez Drive,Chalmette, LA 70043
$550,000
- 6 Beds
- 3 Baths
- 7,000 sq. ft.
- Multi-family
- Active
Listed by:michael baker
Office:realty resources, inc.
MLS#:NO2495494
Source:LA_RAAMLS
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
- Listing ID #:NO2495494
- Added:1 day(s) ago
- Updated:September 30, 2025 at 02:14 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:7,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Heat
Structure and exterior
- Building area:7,000 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$114.58
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