$230,000
$225,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
2,218 SqFt
SOLD DATE : 02/03/2025
Key Details
Sold Price $230,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,218 sqft
Price per Sqft $103
MLS Listing ID 2479029
Sold Date 02/03/25
Style Craftsman
Bedrooms 2
Full Baths 2
Construction Status Average Condition
HOA Y/N No
Year Built 1918
Property Sub-Type Duplex
Property Description
This charming Craftsman-style double near the fairgrounds offers a prime location and numerous amenities. With double driveways and carports, it ensures ample parking space for residents and guests as well as potential for boat and trailer parking. Situated near the fairgrounds, Jazz Fest, and Bayou St. John, this property is centrally located, providing easy access to the vibrant French Quarter and major interstates I-10 and I-610. Both units are equipped with central HVAC, ensuring year-round comfort. The property boasts a lovely front porch, adding to its charm and appeal. It presents a versatile opportunity for potential buyers: owner-occupy one unit and enjoy rental income from the other to help offset the mortgage, or maintain it as an investment property generating $2,200 a month in income with a 8% gross cap rate! This combination of location, amenities, and income potential makes it an attractive option for both homeowners and investors alike.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Upper Level
Exterior
Exterior Feature Porch
Parking Features Carport, Off Street, Three or more Spaces, Boat, RV Access/Parking
Water Access Desc Public
Roof Type Shingle
Porch Porch
Building
Lot Description City Lot, Rectangular Lot
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories One
Construction Status Average Condition
Others
Financing Conventional
Special Listing Condition None
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6803 Press Drive # 170, Orleans, Louisiana, 70126, United States