1028 Franklin Street Gretna, LA 70053

Building Details

Year Built

1972

Listing agency C-21 Richard Berry & Assoc,Inc s***@bellsouth.net Show Phone

Listed by Sandy Sallettes · License #995712655 Show Phone

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Added: Jul 1 Updated: Jul 21 at 6:12PM Checked: Jul 21 at 6:12PM

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Investment Insights

Based on property information with market context.

This is a 3-unit residential income property with all units currently rented. Public remarks indicate long-term tenancy, and the owner has completed repairs and updates over the years. Units A and C have HVAC units that were replaced in 2024 and 2025, respectively, and the roof was replaced in 2018.

A termite contract is in place, and the property also carries a current flood insurance policy that the buyer can assume. The reported total rent is $2,450.

The property is offered for sale with the existing occupancy and documented maintenance and insurance items described in the public remarks.

Key Highlights

• 3 residential units fully rented; total rent $2,450 with tenants staying for 12 years
• HVAC updates: A and C AC units replaced in 2024 and 2025, respectively
• Roof replaced in 2018; under a termite contract

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FAQs

What type of property is this?

Triplex - Three residential units are fully rented, and recent updates include HVAC replacements and a roof replacement.

Where is this triplex located?

The property is located at 1028 Franklin Street Gretna, LA.

What is the asking price?

The asking price for this property is $195,000.

What are key features of this property?

This property features: 3 residential units fully rented; total rent $2,450 with tenants staying for 12 years; HVAC updates: A and C AC units replaced in 2024 and 2025, respectively; Roof replaced in 2018; under a termite contract