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8817 Apple St

By Owner
NEW ORLEANS, LA, 70118
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Property Description

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4 Bedrooms

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2.0 Baths

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1,488 SQ FT

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0.08 Acres

$135,000

About this home

Discover the potential in this fully operational duplex, perfectly positioned on a 0.08-acre lot in an emerging neighborhood. A unique chance brimming with potential, this property currently serves as home to long-term tenants, who've resided here for 7 and 10 years respectively, offering an existing monthly rent totaling $1,200, providing an immediate return on your investment. This property boasts a combined total of 4 spacious bedrooms and 2 full baths, spread across 1,488 square feet, giving ample space for comfortable living. Dual water meters allow for ease in utility management. What sets this property apart is an extensive backyard, offering plenty of space for tenants to relax, host barbecues, or simply soak up the sun. This generous outdoor space is a rarity in many urban neighbourhoods, adding further appeal to this investment opportunity. Priced for quick acquisition, you're offered the chance to secure a profitable income stream by keeping the current structure and raising the rent to match market rates. For the visionary, there's also the potential for upgrading, subsequently adding value to an already attractive proposition. Become part of this popular, growing neighborhood and make the smart move of investing in this multi-unit property today.

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