Property Description

This well-maintained 8-unit building is a fantastic investment opportunity, ideally located just a block from the vibrant Bayou St. John, home to the annual Bayou Boogaloo festival, and only a few blocks from the expansive City Park. The property boasts a highly desirable neighborhood, offering tenants easy access to local attractions, parks, and a thriving community. After Hurricane Ida, the building underwent extensive updates, including a brand-new roof and complete exterior repainting. Additionally, four units three upstairs and one downstairs were renovated, bringing modern touches and increased value. The building is fully occupied, offering a steady rental income of $6875.00 per month. This property is great for investors looking to own in a prime New Orleans location with immediate cash flow potential. Don't miss out on the chance to acquire this income-generating building in one of the city's most sought after neighborhoods!

Property Features