913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo
913 W Monterey Court, Gretna, LA 70056 Photo

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913 W Monterey Court Gretna, LA 70056
$370,000
Pending / MLS# 2571199 / Multi Unit - Multiple / Gretna
13 Beds
8 Baths
2 Half Baths

Large 3 bed 2 bath units and 1 large 4 bed unit. A detached four-plex building offering strong in-place cash flow and operational stability. The property consists of 4 units with two vacancies presenting a clear lease-up opportunity for a new owner. Additional revenue can be made from on-site laundry. Renovated in 2024, the property features updated electrical, plumbing, roofing, and window systems, contributing to reduced maintenance and long-term durability. Each unit is individually metered for electricity, enhancing expense control and operational efficiency. The gross building area is appoximately 5,719 sf with 4 off-street parking spaces, and also located in a favorable Flood Zone X. A purchaser has the ability to purchase a stabilized asset and continue to raise rents to meet the market, improving the cap rate to 10% plus. This building can be purchased as a package deal with 917 & 929 W Monterey. 2 tenants just moved out, units A and D, so market rent was used in the listing above for those vacant units.Building is occupied, so please allow at least 24 hours to view the occupied units.

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Estimated Payment

$ 930.14 per month $822.22 Principal & Interest $0.00 Property Tax (data not provided by mls) $107.92 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Contemporary
Lot Size: 1.10 Acres
Year Built: 1980

Feature Descriptions

Days on Site: 15
Exterior: Frame, HardiPlank Type
Lot: Other
Lot Dimensions: 160X300
Parcel#: per assessor
Parking: Assigned, Off Street
Parking Notes: Assigned, Off Street
Sewer: Public Sewer
Units: 4
Utilities: Natural Gas Not Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: Bridgewater Realty Advisors
Agency Phone: 504-901-0463

Shown By

Agency Title: John Weil Realty, LLC
Agency Phone: 504-512-6339

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