$620,000
$675,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
2830-32 PALMER AVE New Orleans, LA 70118
8 Beds
4 Baths
3,632 SqFt
Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,632 sqft
Price per Sqft $170
MLS Listing ID 2495718
Sold Date 05/15/25
Style Other
Bedrooms 8
Full Baths 4
Construction Status Very Good Condition
HOA Y/N No
Year Built 1932
Property Sub-Type Duplex
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. It boasts separate water and electric meters with a strong rental history. 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 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
Financing Cash
Special Listing Condition None
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Bought with Crescent Sotheby's International