Discover this recently remodeled, income-producing property in the heart of New Orleans! Situated on a single lot, this dual duplex offers four individual units, each with its own entrance, providing flexibility for stable rental income.

Property Features:

• Unit 1: 3 beds, 1 bath - $1,320/month

• Unit 2: 3 beds, 1 bath - $1,320/month

• Unit 3: 2 beds, 1 bath - $1,100/month

• Unit 4: 2 beds, 1 bath - $1,100/month

All units were fully remodeled in February 2023, featuring modern updates and amenities. The property is move-in ready for tenants, generating a total monthly income of $4,840 and an annual income of $58,080. With annual expenses of $16,480, the property yields a net operating income (NOI) of $41,600/year.

Additional Highlights:

• Centrally located with easy access to public transportation, local amenities, and major roadways.

• Low maintenance with manageable operating expenses.

• Recent renovations offer potential for future rent increases.

This property is ideal for investors seeking a solid return in a high-demand rental area. Priced at $498,500, this is a fantastic opportunity to own a low-maintenance, high-yield income property in New Orleans.

For more information or to schedule a viewing, please contact Claudio Ascension Jr. at 504-810-6069 or via email at ascension.jr@kendraspro.com.