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. 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 you're 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. Don't miss this rare chance to invest in a thriving lakeside community!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2.00
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Heating and Cooling
- Cooling Features: One
- Heating Features: One
Waterfront and Water Access
- Water Features: Water Front
Land Info
- Lot Description: Condo
- Lot Size Dimensions: condo
Garage and Parking
- Parking Features: Off Street Parking
Homeowners Association
- Association: Yes
- Association Fee: 530
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 530
- Pets Allowed: Cat, Dog
- Cats Allowed: Yes
- Dogs Allowed: Yes
Multi-Unit Info
Condo Info
- Unit Floor In Building: 1
Other Property Info
- Source Listing Status: Active
- County: St. Tammany
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Not a Subdivision
- Parcel Number: 141905
- Subdivision: Not a Subdivision
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1000
- Year Built: 1968
- Building Area Total: 1000
- Building Exterior Type: Stucco
- Foundation Details: Slab
- Property Age: 57
- Roof: Shingle
- Levels or Stories: 2.00000
- Building Total Stories: 2
- House Style: Townhouse
- Total Area Sqft: 10000
- Year Built Effective: 2006
Utilities
- Sewer: City
- Water Source: Public