Property Description:
Put your finishing touches on this new construction double located in an X-Flood zone near Holy Cross!
The property features 6 bedrooms and 4 bathrooms, offering approximately 1,850 square feet of living space. The project is nearing completion (85%). Plumbing and electrical work have already been installed. It still needs exterior stairs, countertops, toilets, doors, AC condensers, and some cosmetic finishing touches.
A recent Abbott Price property analysis indicates a total estimated rental potential of $3,400/month after completion, with an After Repair Value (ARV) of $250,000.
This property offers a great opportunity for investors and potential homeowners to customize a nearly finished new construction double in a historic neighborhood, just 10 minutes from the French Quarter.
Investment Highlights:
Estimated rental potential of $3,400/month
After Repair Value (ARV) of $250,000
New construction double 85% complete
6 bedrooms and 4 bathrooms (3/2 each unit)
Approximately 1,850 SqFt of total living space (925 SqFt per unit)
Located in an X-Flood zone
Just 10 minutes from the French Quarter