7026 S Claiborne Ave, New Orleans, LA 70125

$785,000
10
BD
8
BA
4,840
SqFt

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List Price
$785,000
MLS#
2579009
Status
ACTIVE
Type
Multifamily
Style
Spanish
Bedrooms
10
Bathrooms
8
Half-baths
3
Acres
0.11
Living Area
4,840
Parish
Orleans
Subdivision
Friburg

Property Description

This architecturally distinguished Spanish Colonial Revival 4-plex in Uptown New Orleans presents a premier, high-yield INVESTMENT OPPORTUNITY, seamlessly balancing historic charm with modern 2022 updates while generating $7,810 IN MONTHLY REVENUE.The ground-floor tenants enjoy covered ARCHED FRONT PORCHES while the two upper apartments feature distinctive, oversized rounded accent windows enclosing bright SUNROOMS that offer unique, FLEXIBLE SPACE. Major 2022 UPGRADES offer top-tier rents with all 4 residences have undergone interior transformations. The heart of each apartment is a chef's kitchen featuring beautiful QUARTZ BACKSPLASHES & COUNTERTOPS, timeless white cabinetry, BREAKFAST BAR seating & stainless-steel appliances, maximizing modern appeal while blending in architectural archways, crown molding & refurbished WOOD FLOORS throughout the living areas. All bathrooms were RENOVATED IN 2022 in light gray & white tones, mostly including quartz top vanities. Other MAJOR IMPROVEMENTS completed in 2022: Brand new roof, water heaters and the ENTIRE BUILDING painted inside and out.Valuable amenities:• OFF-STREET PARKING: Concrete driveway along the entire length of the building allowing tandem parking for multiple cars.• Outdoor Space: Fully fenced-in rear yard with a large concrete patio.• ON-SITE Laundry: Dedicated downstairs laundry/storage room equipped with 2 washing machines and 2 dryers.Currently generating $7,810 per month, this high-performing property combines architectural beauty with low-maintenance and top-tier rental appeal. Sale contingent upon Buyer assuming all leases. All appointments require 24-hour notice. Schedule your private viewing today! 3 apartments pay all their utilities & 4th apartment's rent includes $360 cap towards utilities. Landlord cuts the grass. FLOOD INSURANCE ONLY $1,035.

Additional Information

Roof
Shingle
Sewer
Public Sewer
Water
Public
Appliances
Dryer, Gas Range, Refrigerator, Range Hood, Washer, Stainless Steel Appliance(s), Range
Heating
Central
Cooling
Central Air
Elementary School
Stuart Hall
Middle School
Willow, Dominican
High School
Ursuline

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Listing courtesy of Homesmart Realty South - Metairie.

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