A rare investment opportunity awaits in the heart of 70005—perfect for rehabbers, visionaries, and those ready to unlock serious potential. This multi-unit property features three efficiency units, each with its own electric meter, plus one shared gas and water meter. Units A and B in the main structure boast a brand-new roof, updated plumbing, and freshly repaired and painted wood siding, offering immediate value and curb appeal. Rear Unit C is gutted to the studs, presenting a blank canvas with endless possibilities—whether you envision a stylish studio, guest suite, or expanded living space. The entire property could easily be converted back into a single-family home, making it a flexible opportunity for both investors and owner-occupants. With easy access to Metairie Road and the interstate, this property is primed for attention and packed with potential.
Active
Price cut: $30K (9/18)
$255,000
259 Papworth Ave, Metairie, LA 70005
3beds
1,242sqft
Est.:
Triplex, Multi Family, Single Family Residence
Built in 1958
-- sqft lot
$-- Zestimate®
$205/sqft
$-- HOA
What's special
Gutted to the studsUpdated plumbingBrand-new roof
- 41 days |
- 1,077 |
- 28 |
Likely to sell faster than
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