Property Description

Excellent investment opportunity in the heart of Mid-City New Orleans! This raised-basement style fourplex offers strong upside potential with immediate income in place. Two units are currently occupied by long-term tenants at below-market rents, providing stable cash flow with room to increase returns over time. Three units are rent-ready, while one unit presents a value-add opportunity for renovation and repositioning. Classic raised construction and the Mid-City location provides convenient access to local dining, parks, medical centers, and major thoroughfares. Investors seeking a mix of current income and future upside, or for an owner-occupant looking to live in one unit while improving the rest. Don't miss this chance to add a solid multi-family asset in one of New Orleans' most desirable neighborhoods. ***Virtual tour and floorplan link**** https://www.zillow.com/view-imx/a5b67851-ae97-4b9d-8ee1-5512f3a35bd0?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard ***** Flood insurance quote at $1,718 per year.

Property Features