Property Description

Discover this rare turnkey opportunity at 7237 Regent St ? a spacious 5 unit complex converted into a Quadplex (REDUCED INSURANCE RATES!) multifamily property (approx. 3,450 sqft) built in 1996 and renovated in 2021. Perfectly positioned in the highly desirable Lakeview/West End neighborhood, this property sits near the lake, allowing tenants to enjoy effortless access to Lake Pontchartrain, waterfront dining, boating, and all the recreational amenities the Lakeview area has to offer. Tenants love the unbeatable location for extended corporate stays, relocations, or leisure getaways. This is a 100% occupied mid-term rental with units that stay leased up consistently, offering true ease of ownership with low owner involvement and easy maintenance. It also includes ample parking (8 spaces) on a large 7,000+ sqft lot and is flexibly zoned for commercial development, providing a covered land play with strong upside potential. Completely renovated in 2021 post Hurricane Zita and Ida (extensive renovation of flooring, exterior/interior paint, appliances, gutters, stairwell and 2nd floor landing, roof) - over $150,000 in modernization & repairs of some things which weren't done correctly post-Katrina. This property delivers the ideal combination of prime lakeside location, proven rental performance, and hands-off management potential. Whether you're expanding your portfolio or seeking a high-demand income producer in one of New Orleans' most sought-after areas, this one stands out. Serious investors ? don't miss your chance to own a piece of this thriving lakeside market! Contact Rick Romano for inquiries & showings: 504-812-5330 or rick@bridgewater.realty. Please contact Rick instead of scheduling through showing time since we have to coordinate with the manager.

Property Features