St. Roch Double…Invest, or Buy & Live – Sold!

St. Roch Rocks!  Stroll To St. Roch Mkt & Healing Center! Location! 

1800 Sq Ft. double means lots of options! Live on one side and rent the other.

Invest in a property with long rental history.

Buy and turn it into a single.

Corner lot, Big back yards Central A/C both units.

Super Neighborhood with renovations going on all around.

This is like the Irish Channel five years ago.

Please note…We have received multiple offers at and above list price for this property.  The seller is now requesting the highest and best offer from all buyers, with an expiration time of Tuesday June 5th at 6:00 PM.  This is to allow additional time to work on financing.

As an additional piece of information that you might find useful, this offering is very under-rented at $800 for one side and $750 for the other

Easy $1000 to $1100​ in current market.

​It is in rental grade (average) condition.  Only known issue…leak in right side A/C/

For investors, cap rate calculations at more appropriate rent charges of $1000/mo (more is possible) yields a strong 8% cap rate at a sale price of $180,000. 

For those interested in living on one side and renting the other, $940/mo pays the principle and interest on a $180,000 loan

​ at 4.75%​

Sold!

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