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$180,000

Inactive

1420 Port St, New Orleans, LA 70117

💰 Galleon homeowners save an average of $30,000 by selling direct.


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Icon representing Bedrooms

4

Bedrooms

Icon representing Baths

2.0

Baths

Icon representing Sqft

1,875

Sqft

Icon representing Price/Sqft

$96

Price/Sqft

Icon representing Acres

0.09

Acres

Not Available

About this home

Step into this fascinating investment property - a charming duplex with proven rental potential and solid income history. This traditional shotgun-style residence delivers 1,875 square feet of living space across both units, featuring a total of 4 bedrooms and 2 bathrooms. The duplex has demonstrated outstanding tenant retention, with one side currently occupied by long-term residents of 11 years, generating reliable monthly rental income.

Set on a manageable 0.09-acre lot, this property includes a private backyard with an existing storage shed, offering excellent potential for enhancement. While some updating would elevate this duplex to its full potential, the fundamentals are strong - established rental history, stable tenants who maintain their own utilities, and a classic architectural style that never goes out of fashion. Perfect for investors looking to expand their portfolio with a property that already has a track record of steady returns.

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Reference to savings is based on the average price of Galleon home properties or a potential listing price and traditional agent commissions of 6%

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