10 bedroom house for sale

New Orleans LA 70115

Overview

Commercially zoned (HU-MU) duplex with STR permit! This excellent property sits adjacent to Good Bird just steps from the heart of Freret Street. Fully managed, the current owner doesn't lift a finger and still the lower STR unit has cleared over $30, 000 in net profit in the first 7 months of 2023 (grossing over $47, 000). The upstairs is currently rented for $3, 000 and boasts high ceilings, independent bedrooms, and a dedicated laundry room with an extra refrigerator and kitchen style countertops. This property is a serious cash cow with the possibility for incredible upside due to new regulations severely restricting residential STR properties. Don't miss out on this opportunity!

Details

  • Beds: 10
  • Baths: 4
  • Price: $725,000
  • Reference No.: 68221754
  • Area: 4,261 sqft

Location

New Orleans LA 70115

10 bedroom house for sale

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2024-02-16, Viewed 1 times.