Rare Investment Portfolio in Coveted Old Mandeville! Incredible opportunity to own 3 fully leased condos in the heart of historic Old Mandeville! Month to month leases in place. 10 Units available and listed seperately. Each unit features a 2-bedroom, 1.5-bathroom layout with a consistent floorplan and desirable waterfront access. This turnkey package includes four boat slips and access to community amenities such as pools and common areas. Conventional FINANCING AVAILABLE! All units are currently 100% occupied, providing immediate cash flow with leases in place. HOA dues are $530 per unit, covering maintenance, wind, hail, flood and general liability insurance and community features. Whether youre expanding your portfolio or launching a real estate investment business, this package delivers instant income in a high-demand area. Rent rolls available upon request. Dont miss this rare chance to invest in a thriving lakeside community!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1 / 1
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Heating and Cooling
- Cooling Features: 1
- Heating Features: 1
Waterfront and Water Access
Land Info
- Lot Description: Condo
- Lot Size Dimensions: condo
Garage and Parking
- Parking Features: Off Street Parking
Homeowners Association
- Association: Yes
- Association Fee: 530
- Calculated Total Monthly Association Fees: 530
- Pet Description: Cat, Dog
- Cats Allowed: Yes
- Dogs Allowed: Yes
Multi-Unit Info
Other Property Info
- Source Listing Status: Active
- County: St. Tammany
- Source Property Type: Residential
- Property Subtype: condo
- Parcel Number: 141905
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1000
- Year Built: 1968
- Building Exterior Type: Stucco
- Foundation Details: Slab
- Property Age: 57
- Roof: Shingle
- Levels or Stories: 2.00000
- Building Total Stories: 2.0
- House Style: Townhouse
- Total Area Sqft: 10000
Utilities
- Sewer: City
- Water Source: Public