Property Description:
Offers Above $65,000 Considered!
Kenner Condo with Excellent Rental Potential!
Located in the heart of Kenner, this two-story condo features 2 bedrooms, 1.5 bathrooms, and approximately 1,100 square feet.
The property is currently vacant, and a recent Abbott Price property analysis indicates a potential rental income of $1,600 a month after cosmetic upgrades. The estimated After Repair Value (ARV) is $110,000.
A new hot water heater and HVAC compressor were installed in 2023. The monthly condo fees of $325 cover external insurance, water, sewage, and standard area maintenance.
This condo is conveniently located adjacent to Williams Blvd, offering easy access to I-10. It is close to a variety of shopping and dining options, just one mile from Lake Pontchartrain, five minutes from MSY Airport, and only twenty minutes from downtown New Orleans.
Investment Highlights:
• Estimated ARV $110,000
• Estimated rental income of $1,600/m
• 2 bedrooms, 1.5 bathrooms, and approx. 1,100 SqFt
• Currently Vacant
• New hot water heater and HVAC compressor
• Condo fees cover external insurance, water, sewage, and standard area maintenance
• Close proximity to Lake Pontchartrain and MSY Airport