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2703-2705 Palmer Avenue, New Orleans, LA 70118

$700,000
  • 2703-2705 Palmer Avenue, New Orleans, LA 70118 Main Photo

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Active
BEDS7 BATHS4 full SQUARE FEET3,191 MLS#2560341
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Versatile multi-fam property on a beautiful oak-lined street just minutes from Tulane and Loyola Universities. Unlike a typical double, this expanded layout offers multiple ways to live, lease, or invest. The 2703 side features a five bedroom unit with two living areas, hardwood floors, in-unit laundry and a 2024 balcony addition. Currently vacant and ready for occupancy, this spacious unit has a recent rental history of $6,000 per month. The 2705 side includes two one bedroom apartments generating a combined $2,400/month. Occupy one unit while rental income helps offset your monthly expenses, or lease all three units to maximize income potential! Additional highlights include dual driveways with ample off-street parking, a spacious backyard, fresh interior paint, recently replaced water heaters, and a roof approximately six years old. Don't miss this opportunity in one of Uptown's most convenient locations.

2703-2705 Palmer Avenue | MLS# 2560341

This multi-family property located at 2703-2705 Palmer Avenue, New Orleans, LA 70118 is currently listed for sale with an asking price of $700,000. Search New Orleans real estate on www.wurthre.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Window Unit(s)
Fenced: Yes
Heating: Central, Window Unit
Home Style: Duplex, Craftsman
Lot Size: 0.13 Acres
Roof Type: Metal, Shingle
Stories: 1.0

Amenities

Fence

Feature Descriptions

Days on Site: 46
Exterior: Brick
Lot: City Lot, Rectangular Lot
Lot Dimensions: 48 X 118/123
Parking: Driveway, Off Street, Three or more Spaces
Property Condition: Very Good Condition
Sewer: Public Sewer
Units: 3
Water: Public

Listed By / Shown By

Listed By

Agency Name: REVE, REALTORS
Agency Phone: (504) 300-0700

Shown By

Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414

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Estimated Payment

$ 1,762.06 per month $1,557.90 Principal & Interest $0.00 Property Tax (data not provided by mls) $204.17 Homeowner's Insurance

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