INVESTMENT OPPORTUNITY!!! Income-producing raised bungalow double in the New Marigny. Each side features two bedrooms, two bathrooms, and open-concept kitchen/living areas with hardwood floors, tall ceilings, mantles, and ornate wall moldings that highlight the homes historic character. Both units offer separate washer/dryer hookups and single garage parking, plus access to a small fenced courtyard. Currently leased to long-term tenants at $1,000 per month each, the property generates $24,000 in gross annual income. The raised basement, with impressive ceiling height, provides untapped potential for storage, studio, workshop, or expanded garage use. With stable tenants in place, solid cash flow, and room for future upside, this double is a smart portfolio addition in a desirable New Marigny location.
Active
$249,000
New Orleans, LA 70119
4beds
1,816sqft
Est.:
Duplex, Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$137/sqft
$-- HOA
What's special
Single garage parkingSmall fenced courtyardRaised basementTwo bathroomsImpressive ceiling heightHardwood floorsTall ceilings
- 6 days |
- 438 |
- 33 |
Likely to sell faster than
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