1300 General Pershing St, New Orleans, LA 70115

Property Description

Touro Bouligny Triplex – Endless Possibilities. Beautifully renovated triplex offering flexibility for investors or owner-occupants. Approximately 3,500 sq. ft. with two fully updated lower units and an upper unit. Options include living in one unit with rental income, converting to a single-family with an additional 1/1 income unit, or maintaining as a 3-plex.Current rental income: $3,000.00, MARKET RENT FOR 3 UNITS $ $7,050.00 MONTHLY, IF USED AS combination Owner Occupied, STR and 1 Lease INCOME POTENTIAL IS $7,500.00 to $9,750.00 Monthly (STR license previously held)2 driveways, 3 electric meters, 2 water meters, Roof replaced in 2022, HVAC: lower units (2016), upper unit (2024) Lower units tankless water heaters, Upper 30 gallon water heaterLower Owner Unit Extensive renovations including: new sills & piers, updated electrical & plumbing to the City line, new windows, full interior renovation to the studs. Upper unit is functional but needs some renovation. New subpanel and some electrical updated on 2nd floor. All furntiure in 1 bedroom/1 bath leased lower unit included in sale.Fantastic location in Touro Bouligny, offering strong rental demand and long-term value.