19427 N 2nd St, Covington, LA 70433

Property Description

Brand New Multifamily Construction Within Covington City Limits19427 & 19419 N. 2nd St. Covington, LAListed 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.