6 bedroom house for sale
New Orleans LA 70118
- Property Type
- House
- Price
- $776,000
- Beds
- 6
- Baths
- 4.5
Overview
Calling all savvy investors! Don't miss this exceptional opportunity to own a charming property on Palm Avenue, a coveted street lined with beautiful oak trees and highly sought after by students attending Loyola and Tulane University. This converted double offers three separate units, generating $97, 500 in gross annual income.Most student leases are for 24 months and often secured by their parents, offering stable and reliable rental income for the discerning investor. In the last four years, the property has undergone significant maintenance and cosmetic updates, ensuring a well-maintained and modern living environment for tenants. Hardwood floors and 9-foot ceilings run throughout all units, enhancing the elegance of the space and providing residents with comfortable living spaces. Unit 2703 features five spacious bedrooms, two bathrooms, and two large living rooms, perfect for communal living or a large family. This unit features two sets of stairs that lead to two individual bedroom suites, offering privacy and flexibility in living arrangements. Unit 2705 features a cozy one-bedroom, one-bathroom open floorplan with an attached but separate roomy studio apartment, catering to individuals or couples. The property includes a spacious backyard for gatherings, a versatile gathering room that can double as a yoga studio or additional living area, and convenient on-site laundry facilities. Allow the pictures to showcase the beauty and value of this outstanding investment opportunity! Contact us now to schedule a showing.
Details
- Beds: 6
- Baths: 4.5
- Price: $776,000
- :
- Area: 3,191 sqft
Location
New Orleans LA 70118
6 bedroom house for saleRelated Properties
Disclaimer
2024-06-23, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-06-23, Viewed 0 times.
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