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$ 319,000
Est. payment | /mo
12 Beds
8 Baths
4,500 SqFt
$ 319,000
Est. payment | /mo
12 Beds
8 Baths
4,500 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $70
MLS Listing ID NO2507718
Bedrooms 12
Full Baths 8
Lot Size 6496.000 Acres
Acres 0.1491
Property Sub-Type Duplex
Property Description
Turnkey Investment Opportunity in the Heart of New Orleans! Come see this newly remodeled double featuring two spacious 3-bedroom, 2-bath units with no carpet, fresh paint, and modern finishes throughout. This income-producing property is ideal for both investors and owner-occupants alike. Each unit is separately metered for water and electricity, offering maximum flexibility and efficiency for tenants and owners. With projected market rents of approximately $2,016 per unit, this property delivers a strong return and excellent cap rate potential. Additional upgrades include a new hot water heater, two brand-new A/C condensers, and off-street parking -- all in a high-demand location just minutes from the CBD, French Quarter, major interstates, and the best of New Orleans living. Whether you're looking to live in one unit and lease the other, or add a strong performer to your rental portfolio, 4120-24 Erato Street is a rare find. Schedule your private showing today and secure this exceptional opportunity before it's gone!
Location
State LA
Interior
Heating Central
Cooling Central Air
Exterior
Roof Type Composition
Building
Foundation Slab
Level or Stories 1
Others
Tax ID 4120ERATOST
Listed by Branding Realty LLC