4828 Francis Dr, New Orleans, LA 70126

Property Description

INCOME-PRODUCING DOUBLE | 4826-4828 FRANCIS DRIVE | NEW ORLEANS EAST Invest in Opportunity. Build Equity. Generate Income. Discover an exceptional investment opportunity in New Orleans East! This income-producing double offers a combined 6 bedrooms and 4 bathrooms, making it an ideal addition to an investment portfolio or an excellent opportunity for an owner-occupant looking to offset mortgage expenses with rental income. Featuring new carpeting, tile flooring, a side-by-side stainless steel refrigerator, gas stove, and electric washer and dryer hookups, this property offers practical amenities designed for comfortable living and long-term rental appeal. Immediate Income Potential! The lower unit is currently leased, generating $1,425 in monthly rental income ($17,100 annually). With a referenced HANO payment standard of $1,881, investors have an opportunity to explore additional rental income potential, subject to HANO approval, tenant eligibility, and applicable rent-reasonableness requirements. Whether you're expanding your rental portfolio, exploring house hacking, or beginning your real estate investment journey, 4826-4828 Francis Drive offers the opportunity to own a multifamily property with an existing income stream. Schedule your private showing today and explore the possibilities of income-producing real estate in New Orleans East!