Property Description:
This property boasts two units, each offering a comfortable two-bedroom and one-bath layout spanning approximately 925 SqFt per side for a total of 1850 SqFt. One unit is tenant-occupied at $1,250 per month.
A recent Abbott Price property analysis found a potential rental income of $2,800/m ($1,400 on each side) and a single-family conversion ARV of $400,000.
The property features a new roof installed in 2017, central air conditioning supplemented by window units, washer-dryer hookups, and separately metered for electricity.
It is conveniently located near I-10 and has easy access to New Orleans’ top attractions, including St. Charles, Freret St, the CBD, and the French Quarter.
Investment Highlights:
🏡 Shotgun-double w/ 2 bedrooms, 1 bath in each unit
📏 Approx. 1850 SqFt total (925 SqFt/per side)
💵 One unit currently rented at $1,250/month
💰 Rental potential of $2,800/m total ($1,400/each side) after cosmetic upgrades
🏡 Potential Single Family Conversion ARV of $400k
🏠 Roof replaced in 2017
🧺 Washer and dryer hookups included
🌳 Lot size of 31 x 115 (3489 SqFt)
💡 Separately metered for electric
🚗 Easy access to I-10
🌆 Proximity to New Orleans’ best amenities and attractions: St. Charles, Freret St, CBD, French Quarter
🛍? Area highlights include shopping and dining along Claiborne, Starbucks, Ochsner Baptist, Loyola, Tulane, and Newman
Call Brian for more information at 504-407-1024