While we all wait for interest rates to head south, here's an attractive duplex rental property near the Freret St corridor. The mechanicals and roof are in decent shape...enough to keep insurance rates from going sky-high. We've rented it continuously since Katrina - the active renter pool includes Loyola/Tulane students and medical personnel from nearby hospitals. Current rents are $3,600/month. Work for upgrading is mainly interior cosmetic (paint), lift the front stairs, and landscaping. There's a shared driveway, and off-street parking could be built with tree removal...the concrete car pad already exists. With some work, you could get $4000 a side, leave it as it is, and keep our excellent tenants at current rates. Upgrades include an entire exterior paint job in 2020. No interior shots at tenants' request, and showings are strictly by appointment only.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
