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Alyson Finch

alyson@livinginthe337.com +1(337) 280-9651

Listed byAnjel Rowan • Anjel Rowan • 504-874-9093

$220,000

Est. payment - /mo

4 Beds

2 Baths

1,438 SqFt

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Key Details

Property Type Other Types

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,438 sqft

Price per Sqft $152

MLS Listing ID 2582071

Style Ranch

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1977

Acres 0.14

Lot Dimensions 106 X 56

Property Sub-Type Duplex

Source ROAM MLS

Land Area 1438

Property Description

LET'S TALK NUMBERS! If you are a yield-driven investor searching for a defensive, cash-flowing asset in the historic Holy Cross area, your opportunity has arrived to own this low-maintenance all brick double on a solid slab foundation with a new roof. Current FEMA maps indicate the dwelling is located in a preferred Flood Zone X which helps maximize your ROI from day one. Picture a fully stabilized scenario where this "Power-HOUSE" is locked into a government-backed Section 8 ceiling of approximately $2,600 per month. With low overhead expenses, your net operating income has nice potential. Each 2Bd/1BA unit features high-demand features like a private driveway and its own backyard. One side is occupied for immediate cash flow so you can optimize the vacant unit to its full potential. Don't just look at today's numbers- check out the pro-forma metrics (Run the Numbers) and see how this property secures your portfolio's yield. Present your offer today!

Location

State LA

County Orleans

Area 0.14

Direction From intersection at Franklin Ave., continue to travel east on St. Claude Ave; Cross the canal; Turn right on Gordon; Dwelling sits on the corner of Gordon/Royal

Interior

Cooling Window Unit(s)

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Parking Features Off Street, Driveway

Utilities Available Natural Gas Available

Garage No

Building

Lot Description Corner Lot

Foundation Slab

Water Public

Architectural Style Ranch

New Construction No

Others

Tax ID 39W110114

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Alyson Finch

+1(337) 280-9651

Agent License ID: 995688520

701 GORDON ST New Orleans, LA 70117

Alyson Finch

Key Details

Location

Interior

Exterior

Building

Others

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701 GORDON ST