5523-25 Elysian Fields Avenue Active Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70122
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,816 sqft
Price per Sqft $56
MLS Listing ID NO2496617
Bedrooms 8
Full Baths 4
Lot Size 4500.000 Acres
Acres 0.1033
Property Sub-Type Duplex
Property Description
Excellent Lakefront Area Duplex ~ Prime Gentilly Location & Solid Rental Income!
Exceptional investment opportunity in the desirable Lakefront area of Gentilly! Ideally situated just 2 blocks lakeside of Filmore Avenue, this well maintained property sits prominently on Elysian Fields Avenue at Mendez Street; providing unmatched access to parks, shopping, and the lakefront lifestyle.
Each spacious unit offers 2 separate bedrooms, 1 full bath, a large open-concept living & dining area, an updated kitchen, private interior laundry, and central HVAC for year-round comfort. Off-street rear parking accommodates both units, adding convenience and value.
This income-producing duplex is currently leased to long-term, happy tenants, generating a combined monthly rental income of $2,781. The Owner pays water and the Lessees pay all other utilities. With stable occupancy and excellent upkeep, this is a turnkey investment in a thriving and highly rentable location.
** Excellent Gentilly Lakefront location
** Updated interiors with central HVAC and private laundry
** Off-street parking for both units
** Long-term tenants in place
** $2,781/month in rental income
** WELL PRICED and ready to perform from day one!
Whether you are expanding your portfolio or stepping into real estate investment, this duplex offers dependable income in one of Gentilly's most attractive lakefront corridors. Don't miss it!
Location
State LA
Interior
Heating Central
Cooling Central Air
Exterior
Roof Type Composition
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 5523
Virtual Tour https://my.matterport.com/show/?m=mY4JtVxMRR3