2830-32 PALMER AVE Active

New Orleans,LA 70118

$ 725000

8 Beds

4 Baths

3632 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,632 sqft

Price per Sqft $199

MLS Listing ID 2480007

Style Other

Bedrooms 8

Full Baths 4

Construction Status Very Good Condition

HOA Y/N No

Year Built 1932

Property Description

University-area cash cow with off-street parking in desirable Uptown location! Nestled on a tree-lined street, this fully occupied duplex has an annual income of $86,400! Each top and bottom unit has 4 bedrooms and 2 bathrooms renting for $3,600/mo. The property boasts separate water and electric meters. It has a strong rental history and is currently leased through May 2025. The roof was replaced in 2021. Property is complete with a spacious backyard and detached carport. Don't miss out on this unique investment opportunity with high student demand!

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Fence

Parking Features Driveway,Off Street,Three or more Spaces

Pool None

Water Access Desc Public

Roof Type Asphalt,Shingle

Building

Lot Description City Lot,Rectangular Lot

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 2830-PALMERAV

Special Listing Condition None

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