Income Producing Double In Prime Uptown Location

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30344132
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 2 Units
Building Size (RSF): 3,060 SF
Gross Building Area: See Agent
Sale Price: $679,000
Unit Price: $339,500 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Last Updated: 2/27/2019

Overview / Comments

Renovated double in fantastic Uptown location. Two blocks to Magazine or Prytania. Short walk to restaurants, shops & nightlife. Open concept floor plan with living/dining room combo, new kitchen with quartz counters, ss appliances & hardwoods. Two beds down with walk-in closets, private bathrooms, shared jack & jill shower. Master suite up w/ huge closet. Gated brick patios.

4843 rented for $3000/mo. 4841 is move-in ready and projected at $3500/mo. Haven't rented it to allow for the potential of an owner occupant/STR.

Incredibly easy to take care of– metal roof, hardie board siding, very little landscaping, updated HVAC, and great existing tenants. 4843 was leased as a corporate rental for $3900 per month prior to new tenants signing a 12-month unfurnished lease.


Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Total Number of Buildings: 1
Number of Stories: 2
Year Renovated: 2018

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,947 166,787 388,441
Median Age: 36.81 36.32 37.1
Households: 12,806 71,120 161,601


Photograph of Listing Agent

Joseph Gerrity

Korman Gerrity Real Estate, LLC New Orleans, LA 70130
Not a member of MCAR CIE
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