Six-Unit Multifamily Investment in Covington
Six-unit multifamily investment in Covington with two triplex buildings
Marketing 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.
Investment highlights
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
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