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$ 1,250,000
Est. payment | /mo
8,624 SqFt
$ 1,250,000
Est. payment | /mo
8,624 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,624 sqft
Price per Sqft $144
Subdivision Not A Subdivision
MLS Listing ID 2563173
HOA Y/N No
Year Built 2026
Lot Size 1.252 Acres
Acres 1.2519
Property Description
Brand New Multifamily Construction Within Covington City Limits
19427 & 19419 N. 2nd St. Covington, LA
Listed for $1,250,000, each building has two 3 bed/2 bath and one 2 bed/2 bath units with a total building sqft of 4,312. As well as ample greenspace between them. The units are equipped with luxury vinyl plank flooring, stone counters and hardy board siding. The expected annual gross income is approx. $120,000. Located in close proximity to the heart of downtown Covington and minutes to I-12 these units are in a high demand rental area.
Six-Unit Multifamily Investment (Two Triplex Buildings). Offered at $1,250,000. Two (2) 3 Bed / 2 Bath Units and One (1) 2 Bed / 2 Bath Unit Per Building. ±4,312 SF Per Building. Projected Gross Income: Approximately $120,000 Annually. Luxury Vinyl Plank Flooring & Stone Countertops Throughout. Hardie Board Exterior Siding. Ample Greenspace Between Buildings. Zoned CR (Commercial Residential). Minutes to Downtown Covington and I-12. Located in a High-Demand Rental Market.
19427 & 19419 N. 2nd St. Covington, LA
Listed for $1,250,000, each building has two 3 bed/2 bath and one 2 bed/2 bath units with a total building sqft of 4,312. As well as ample greenspace between them. The units are equipped with luxury vinyl plank flooring, stone counters and hardy board siding. The expected annual gross income is approx. $120,000. Located in close proximity to the heart of downtown Covington and minutes to I-12 these units are in a high demand rental area.
Six-Unit Multifamily Investment (Two Triplex Buildings). Offered at $1,250,000. Two (2) 3 Bed / 2 Bath Units and One (1) 2 Bed / 2 Bath Unit Per Building. ±4,312 SF Per Building. Projected Gross Income: Approximately $120,000 Annually. Luxury Vinyl Plank Flooring & Stone Countertops Throughout. Hardie Board Exterior Siding. Ample Greenspace Between Buildings. Zoned CR (Commercial Residential). Minutes to Downtown Covington and I-12. Located in a High-Demand Rental Market.
Location
State LA
County St Tammany
Zoning CR
Interior
Fireplace No
Exterior
Parking Features Off Street
Water Access Desc Public
Accessibility Accessibility Features
Building
Lot Description Outside City Limits, Rectangular Lot
Dwelling Type Mixed Use
Sewer Public Sewer
Water Public
Others
Tax ID TBD
Special Listing Condition None
Listed by KPG Realty, LLC
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