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Rêve Team

info@reverealtors.com +1(504) 300-0700

$ 700,000

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Listed By Rêve

Price Dropped by $15K

2703-2705 PALMER AVE New Orleans, LA 70118

7 Beds

4 Baths

3,191 SqFt

Open House

Wed Jul 22, 12:00pm - 1:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,191 sqft

Price per Sqft $219

MLS Listing ID 2560341

Style Craftsman

Bedrooms 7

Full Baths 4

Construction Status Very Good Condition

HOA Y/N No

Year Built 1950

Lot Size 5,784 Sqft

Acres 0.1328

Property Sub-Type Duplex

Property Description

Versatile multi-fam property on a beautiful oak-lined street just minutes from Tulane and Loyola Universities. Unlike a typical double, this expanded layout offers multiple ways to live, lease, or invest. The 2703 side features a five bedroom unit with two living areas, hardwood floors, in-unit laundry and a 2024 balcony addition. Currently vacant and ready for occupancy, this spacious unit has a recent rental history of $6,000 per month. The 2705 side includes two one bedroom apartments generating a combined $2,400/month. Occupy one unit while rental income helps offset your monthly expenses, or lease all three units to maximize income potential! Additional highlights include dual driveways with ample off-street parking, a spacious backyard, fresh interior paint, recently replaced water heaters, and a roof approximately six years old. Don't miss this opportunity in one of Uptown's most convenient locations.

Location

State LA

County Orleans

Interior

Heating Central, Window Unit

Cooling Central Air, Window Unit(s)

Fireplace No

Exterior

Exterior Feature Fence

Parking Features Driveway, Off Street, Three or more Spaces

Pool None

Water Access Desc Public

Roof Type Metal,Shingle

Building

Lot Description City Lot, Rectangular Lot

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One

Construction Status Very Good Condition

Others

Tax ID 615208605

Special Listing Condition None

Gulf South Real Estate Information Network (NOMAR IDX Plus)

Listed by REVE, REALTORS

Schools Near

Rêve Team

Broker

+1(504) 300-0700

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Rêve Team

2703-2705 PALMER AVE New Orleans, LA 70118

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2703-2705 PALMER AVE