Property Description

Value-add 4-family opportunity in a strong South City rental pocket! Fully vacant and ready for its next chapter, 5239 Alaska gives a new owner the flexibility to begin renovations and lease-up immediately. The property sits on a large corner lot on a quiet, tree-lined street immediately adjacent to St. Cecilia Catholic School, with a large rear parking pad providing valuable off-street parking. Straightforward updates could position the units for approximately $850-$900/month in rent, making this an excellent BRRRR, buy-and-hold, or value-add rental opportunity. Enjoy classic South City living with plenty of greenspace nearby at Holly Hills and Carondelet Park, plus neighborhood favorites including Chimichanga's Mexican Restaurant, Stellar Hog BBQ, and St. Cecilia's famous fish fry. Great combination of location, rental potential, parking, and immediate upside. Available individually or as part of a package with 5211 Louisiana.

Property Features

Local Schools