Description
CHARMING INVESTMENT OPPORTUNITY IN THE HEART OF UPTOWN NEW ORLEANS!DISCOVER AN INCREDIBLE INVESTMENT OPPORTUNITY JUST MOMENTS FROM THE VIBRANT FRERET CORRIDOR ,WHERE YOU CAN INDULGE IN AN ARRAY OF UNIQUE RESTAURANTS AND BOUTIQUE SHOPS.PERFECTLY SITUATED ONLY SEVEN BLOCKS FROM ICONIC ST CHARLES AVENUE AND JUST ONE MILE FROM LOYOLA AND TULANE UNIVERSITIES,THIS FOUR PLEX IS IDEALLY POSITIONED FOR CONVENIENCE AND LIFESTYLE,WITH SEVERAL CHARTER AND PRIVATE SCHOOLS JUST A SHORT WALK AWAY.ZONED HU-MU,THIS VERSATILE PROPERTY FEATURES THREE UNITS OCCUPIED BY LONG TERM RESIDENTIAL TENANTS,ALONG WITH ONE ATTRACTIVE UNIT OPERATING AS A LICENSED SHORT TERM RENTAL.THE LOWER TWO UNIT EACH OFFER SPACIOUS TWO BEDROOM LAYOUTS FOR TODAY'S RENTERS.ONE UNIT FEATURES 1.5 BATHS,WHILE THE OTHER INCLUDES A FULL BATH,BOTH STYLISHLY UPDATED WITH BEAUTIFUL GRANITE COUNTER TOPS.ENJOY MODERN AMENITIES SUCH AS IN UNIT AND GARAGE LAUNDRY FACILITIES,PLUS WINDOW AC UNITS TO KEEP YOU COOL IN THE NEW ORLEANS HEAT.UPSTAIRS,AN ENCLOSED PORCH ADDS CHARM TO THE LIVING EXPERIENCE.UNIT B UNFOLDS AS A GENEROUS 3 BEDROOM ,TWO BATH RETREAT,WITH SEPARATE DINING ,DEDICATED OFFICE SPACE ,A COZY ENCLOSED BACK PORCH AND ITS OWN WASHER /DRYER.CURRENTLY THRIVING AS A SHORT AS THE SHORT TERM RENTAL UNIT,PREVIOUSLY GENERATED AN IMPRESSIVE YEARLY INCOME OF $46,000 BEFORE THE PANDEMIC.UNIT C ,A DELIGHTFUL 2 BEDROOM ,1 BATH HAVEN ,FEATURES AN INVITING IN KITCHEN DINING AREA AND A CONVENIENT OFFICE NOOK,ALONG WITH THE COMFORT OF CENTRAL AIR AND HEAT, MAKING IT A DESIRABLE CHOICE FOR RENTERS.OUTSIDE,A MODERATE SIZED BACKYARD PROVIDES A LOVELY OUTDOOR SPACE ,WHILE THE GARAGE ACCOMMODATES ONE CAR ,COMPLEMENTED BY OFF STREET PARKING FOR 3 ADDITIONAL CARS-AN INVALUABLE ASSET IN THIS SOUGH AFTER NEIGHBORHOOD.THIS PROPERTY IS NOT JUST A FOUR PLEX;IT'S A GATEWAY TO A LIFESTYLE ENRICHED BY THE CULTURE AND CHARM OF UPTOWN NEW ORLEANS.WITH EXCELLENT LONG TERM RENTAL APPRECIATION POTENTIAL AND OPTIONS FOR CONDO CONVERSION.
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9BEDS
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0.14ACRES
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5BATHS
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11/2 BATHS
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4,115SQFT
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$207$/SQFT
School Ratings & Info
Description
CHARMING INVESTMENT OPPORTUNITY IN THE HEART OF UPTOWN NEW ORLEANS!DISCOVER AN INCREDIBLE INVESTMENT OPPORTUNITY JUST MOMENTS FROM THE VIBRANT FRERET CORRIDOR ,WHERE YOU CAN INDULGE IN AN ARRAY OF UNIQUE RESTAURANTS AND BOUTIQUE SHOPS.PERFECTLY SITUATED ONLY SEVEN BLOCKS FROM ICONIC ST CHARLES AVENUE AND JUST ONE MILE FROM LOYOLA AND TULANE UNIVERSITIES,THIS FOUR PLEX IS IDEALLY POSITIONED FOR CONVENIENCE AND LIFESTYLE,WITH SEVERAL CHARTER AND PRIVATE SCHOOLS JUST A SHORT WALK AWAY.ZONED HU-MU,THIS VERSATILE PROPERTY FEATURES THREE UNITS OCCUPIED BY LONG TERM RESIDENTIAL TENANTS,ALONG WITH ONE ATTRACTIVE UNIT OPERATING AS A LICENSED SHORT TERM RENTAL.THE LOWER TWO UNIT EACH OFFER SPACIOUS TWO BEDROOM LAYOUTS FOR TODAY'S RENTERS.ONE UNIT FEATURES 1.5 BATHS,WHILE THE OTHER INCLUDES A FULL BATH,BOTH STYLISHLY UPDATED WITH BEAUTIFUL GRANITE COUNTER TOPS.ENJOY MODERN AMENITIES SUCH AS IN UNIT AND GARAGE LAUNDRY FACILITIES,PLUS WINDOW AC UNITS TO KEEP YOU COOL IN THE NEW ORLEANS HEAT.UPSTAIRS,AN ENCLOSED PORCH ADDS CHARM TO THE LIVING EXPERIENCE.UNIT B UNFOLDS AS A GENEROUS 3 BEDROOM ,TWO BATH RETREAT,WITH SEPARATE DINING ,DEDICATED OFFICE SPACE ,A COZY ENCLOSED BACK PORCH AND ITS OWN WASHER /DRYER.CURRENTLY THRIVING AS A SHORT AS THE SHORT TERM RENTAL UNIT,PREVIOUSLY GENERATED AN IMPRESSIVE YEARLY INCOME OF $46,000 BEFORE THE PANDEMIC.UNIT C ,A DELIGHTFUL 2 BEDROOM ,1 BATH HAVEN ,FEATURES AN INVITING IN KITCHEN DINING AREA AND A CONVENIENT OFFICE NOOK,ALONG WITH THE COMFORT OF CENTRAL AIR AND HEAT, MAKING IT A DESIRABLE CHOICE FOR RENTERS.OUTSIDE,A MODERATE SIZED BACKYARD PROVIDES A LOVELY OUTDOOR SPACE ,WHILE THE GARAGE ACCOMMODATES ONE CAR ,COMPLEMENTED BY OFF STREET PARKING FOR 3 ADDITIONAL CARS-AN INVALUABLE ASSET IN THIS SOUGH AFTER NEIGHBORHOOD.THIS PROPERTY IS NOT JUST A FOUR PLEX;IT'S A GATEWAY TO A LIFESTYLE ENRICHED BY THE CULTURE AND CHARM OF UPTOWN NEW ORLEANS.WITH EXCELLENT LONG TERM RENTAL APPRECIATION POTENTIAL AND OPTIONS FOR CONDO CONVERSION.
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The Robin Group of Keller Williams Realty Services || 985-778-2525 || Mandeville, LA.
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© 2024 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Robin Group of Keller Williams Realty Services. Data last updated: 2024-09-13T17:35:06.983.