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Rare opportunity to own a HIGH INCOME PRODUCING property set on an Uptown historic street CANOPIED by LIVE OAK TREES! Generating $7,500 A MONTH OF REVENUE this updated duplex is an ideal investment in a PRIME location & coveted Flood Zone X. Major capital improvements include ~ 3-YEAR OLD ROOF (2023), NEW under house ~15 ft sewer line (2021) & FOUNDATION work (2022), HWH 2026. Both units come FULLY EQUIPPED w/stainless steel appliances (dishwashers, microwaves, stoves, refrigerators) & IN-UNIT washers & dryers! Charming FLOOR TO CEILING front windows fill the home with plenty of natural light, offering a stunning glimpse of the elegant CRYSTAL chandelier illuminating the upstairs foyer w/original wood floors, faux brick fireplace, beautiful cabinetry, stunning granite counters & BAR ISLAND SEATING. The downstairs unit features vinyl flooring & windows, and a RENOVATED kitchen w/white shaker cabinets, black granite counters & large stainless-steel sink. Spanning STREET-TO-STREET, this oversized lot boasts a spacious fenced-in yard with rear access and DUAL ENTRY PARKING?accommodating approximately 5 vehicles across both front & rear spaces via direct access from State Street or Magnolia Street. TWO of 4 bathrooms are NEW additions & only 2 years old w/OVERSIZED walk-in showers. 3rd bath is renovated with MARBLE basketweave floor tile & white SUBWAY tub tiles. Each unit enjoys direct access to its own private outdoor space, featuring an expansive upper WOODEN DECK & COVERED PATIO below, all opening up to a large, shared yard & storage shed. Only 3 BLOCKS TO Tulane University, 0.5 mile to STREETCAR stop 0.7 mile to AUDUBON PARK, 0.9 mile to TRADER JOE'S, near amazing restaurants & more! Tenant occupied: ALL appointments require a minimum 24-hour notice through ShowingTime. Offer MUST include provided verbiage in agent remarks stating Buyer agrees to ASSUME the current leases at closing. Accepted offer based on the attached Property Disclosure & reports (total 67 pgs).
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listed By
Agency Name: Homesmart Realty South
Agency Phone: (504) 908-7653
Shown By
Agency Title: John Weil Realty, LLC
Agency Phone: 504-512-6339

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