Own a piece of the action in this income-generating double half a block off Freret St, just a few minutes walk or bike ride to Tulane and Loyola Universities! The spacious upstairs layout features high ceilings, abundant natural light, 5 large bedrooms, and 2 full baths. Two kitchens provide flexibility, while a front porch and rear balcony create inviting outdoor spaces. Dual HVAC units ensure constant comfort. The downstairs unit has 5 large bedrooms, a gorgeous kitchen, 2 beautiful bathrooms, and a comfortable living area, all cooled by efficient mini-split HVAC systems. Washer and dryer in each unit. Commercially zoned (HU-MU) duplex with STR permit! Don't miss this rare opportunity to own a double with endless possibilities! Schedule your showing today and unlock your investment potential!Upstairs and Downstairs are currently on 12-month leases at $2,500 per month upstairs and $2,250 per month downstairs. The downstairs unit was previously operated as a short-term rental, generating strong revenue. From Aug. 2021 - Jul. 2022 - $59k, Aug. 2022 - Jul. 2023 - $60+k, Aug. 2023 - Mar. 2024 - $37k on track for $60+K.
Listing courtesy of Satsuma Real Estate LLC. Selling Office: Historic 504 Properties.
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