181 Sandra Del Mar Drive #181

Mandeville, LA 70448

  • 2 Bed(s)
  • 1 Bath(s)
  • 1,150 Sqft
$109,000

Description

Calling all investors! this property offers a high cap rate and far exceeds the 1% rule. cash only. the condo is currently rented at $1,200 per month, generating immediate cash flow, and tenants will remain with the sale. located in mandeville, this affordable 2-bedroom, 1.5-bath condo features a new roof installed after hurricane ida and an hvac system replaced in 2020. just 1 minute to the causeway and 5 minutes to i-12, with access to mandeville schools. enjoy a wood-burning fireplace, bar-top seating in a cozy kitchen, a half bath on the main floor, and two bedrooms with a shared bathroom upstairs. the unit has all ceramic tile flooring throughout the first floor. nearby amenities include tammany trace, mandeville trailhead, sunset point, and the lakefront—all a short bike ride away. the condo also offers a fenced-in patio and assigned parking. condo fees cover water, garbage, exterior property insurance, common area maintenance, flood insurance, and termite coverage. don’t miss this great investment opportunity!

  • Property Type

    Residential
  • Subdivision

    Mariners Village
  • Parish

    Saint Tammany
  • Style

    Residential
  • AD ID

    50191306

Sell a home like this and save $6,041 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Each Internet Data Exchange Participant will place, or cause to be placed, on his Internet Data Exchange web site on the opening page displaying copyright data of NOMAR/, a button named “Terms and Conditions” (or such similar name) with the following information clearly displayed:

(i) "Copyright 2025 New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited."

(ii) Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

(iii) The information being provided is for the consumer’s personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing. The user of this site is granted permission to copy a reasonable and limited number of copies to be used in satisfying the purposes identified in the preceding sentence.

(iv) By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, you may not use this site in any way. Your continued use of this site, and/or its affiliates’ sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.

(v) In the event that Firm needs to make the IDX Data available to a third party Consultant, Firm agrees to require such third party to execute this Agreement and become a Consultant for the exclusive purpose of posting the data to Firms website. A user id and password(s) will be assigned for this purpose. Passwords cannot be shared. Neither a Participant nor Consultant may share a password with any party not authorized in this Agreement.

BuyOwner last updated this listing 06/21/2025 @ 01:47

  • MLS: 2507447
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NOMAR

is a Home, with 2 bedrooms which is for sale, it has 1,150 sqft, 1,150 sized lot, and 0 parking. are nearby neighborhoods.