7621 23 Benjamin St, New Orleans, LA 70118

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List Price
$245,000
MLS#
2577362
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
Stories
1
Bedrooms
2
Living Area
970
Parish
Orleans

Property Description

This charming Uptown double in the desirable Black Pearl neighborhood makes excellent use of its footprint and offers an attractive opportunity for investors, an owner looking for a pied-à-terre, or someone envisioning a future conversion to a single residence. Ideally located near the universities, St. Charles Avenue, Maple Street and Audubon Park, the property combines convenience with the character of a classic New Orleans neighborhood. The charming exterior features a welcoming front porch, while a particularly rare feature is the two separate driveways, one serving each unit. Each one-bedroom, one-bath apartment offers an efficient open-concept living and kitchen area with wood floors and an eating bar. Beyond the furnished kitchen is the bedroom, which features an attached bath. Each unit also includes its own private driveway, attached storage shed with washer and dryer, ceiling fans and a private outdoor area. Currently leased at $1,000 per month per unit, the property provides immediate rental income. The lease for 7621 Benjamin Street runs through July 31, 2027, and the lease for 7623 Benjamin Street runs through June 30, 2027.Additional features include a 2021 roof replacement and desirable X flood zone designation. The property has two electric meters and one water meter and one gas meter. Tenants are responsible for electricity, while the owner pays water and gas. Heating and cooling are provided by window units. With its flexible layout, off-street parking, outdoor spaces, established rental income and sought-after Uptown location, this well-maintained double offers a wonderful combination of investment potential, location and New Orleans charm.

Additional Information

Roof
Asphalt, Shingle
Sewer
Public Sewer
Water
Public
Pool Description
None
Heating
Window Unit(s)
Cooling
Window/Wall

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