Property Description

This property offers a promising opportunity for owner-occupancy with rental income potential. Located within walking distance of the vibrant Freret Street corridor, residents can enjoy easy access to a variety of shops and restaurants. This area has experienced significant revitalization in recent years, with property values reflecting this positive trend. The Freret neighborhood is renowned for its rich architectural heritage, featuring a mix of historic shotguns, raised cottages, and new constructions. The presence of the Freret Street Market and the annual Freret Street Festival further enhances the area's appeal. Regarding the rental income, fair market rents of approximately $2,000 per unit align with current market trends in the area. Additionally, the property's proximity to Uptown New Orleans makes it an ideal location for enjoying local parades, further enhancing its appeal to both residents and visitors. Overall, this property combines the benefits of a thriving neighborhood, attractive rental income potential, and a location that offers both cultural and recreational opportunities.

Property Features