318 Homestead Ave, Metairie, LA 70005

"OLD METAIRIE" TRIPLEX Located in an upscale residential area, this old brick two story, one block from Metairie Road, built in 1958, provides rear off street parking for four vehicles with separate central heat and air for each unit, natural gas stoves, and is fully rented. In 2005 this property was high and dry during the devastating Hurricane Katrina flood, being located on one of the three ridges in the New Orleans area, that being the Metairie Ridge. The down stairs unit has a living room, large den or fourth bedroom, two full baths, washer/dryer connections, a full size kitchen renovated in 2019, including new cabinets, granite counter tops, and all new appliances. This unit is approximately 1,632 sq. ft. with a rear access door to the backyard. Each of the two upstairs units are approximately 815 sq. ft., with a living room, two bedrooms, one full bath, hardwood flooring in the living room, hall, and bedrooms. The upstairs rear unit has a renovated kitchen (2019), including new cabinets with granite counter tops, new appliances, vent hood, washer/dryer, and ceramic tile kitchen floor. The upstairs front unit has original wood cabinets, washer/dryer connections, upgraded tile floor, and stainless refrigerator in the kitchen. This is a great opportunity for owner occupant who rents the remaining units, a rental property investor, or someone who keeps a unit for himself for visits to the New Orleans area, enjoying the variety of historical, cultural, culinary, and music activities New Orleans offers in year-round entertainment. Built 1958 Total sq. ft. 3,262 Total bedrooms 8, Full Baths 4 Electrical panels upgrade, attic insulation replaced 2023 Property under termite bond, with preventative drilling treatment 2025 New equipment/appliances for the three units are as follows: Unit A (downstairs) refrigerator, stove, hood 2019 hot water heater 12/2020 three ceiling fans 2024 dish washer 2025 Unit B (upstairs front) stainless refrigerator 07/2023 hot water heater 08/2023 Unit C (upstairs rear) refrigerator, dish washer, stove, hood, washer/dryer, hot water heater 2019 air conditioner, garbage disposal 09/2025