πŸ’₯New Construction Duplex Near Tulane and Loyola Universities!

Orleans Parish, New Orleans, LA, 70125
Sold
Listed at: January 23rd, 2024
Price
$369,000
ARV
$540,000
Gross Margin
$171,000
Sq. Footage
3052
Type
Multifamily
Parking
Off street
Year build
1940
Lot size
0.14 acres
Bedrooms
6
Bathrooms
4
Half Bathrooms
0
Summary

Rare opportunity to own this remarkable New Construction Duplex near Tulane and Loyola Universities! Construction is nearly complete (80%), with only the final touches remaining. Each side of the duplex features 3 bedrooms and 2 bathrooms, providing approximately 3000 square feet of total living space. This duplex sits on a corner lot and is raised above base flood elevation.

A recent Abbott Price property analysis indicates a total estimated rental potential of $5,200/month, with an attractive After Repair Value (ARV) of $540,000.

This property is strategically located in a vibrant neighborhood, surrounded by prestigious institutions such as Tulane University, Loyola University, Ursuline Academy, and Ochsner Baptist.

Enjoy the eclectic blend of shopping and dining experiences along St. Charles, Claiborne, and Carrolton Avenues.

Investment Highlights:

🌟 Rare opportunity: New Construction Duplex Near Tulane and Loyola Universities!

πŸ—οΈ Construction at 80% completion, awaiting final touches

πŸ›οΈ Each side features 3 bedrooms and 2 bathrooms, providing approximately 3000 sqft total living space

🏑 Situated on a corner lot, raised above base flood elevation

πŸ’° Rental potential estimated at $5,200/month,

🏠 After Repair Value (ARV) of $499,000

Area Highlights:

🏫 Proximity to prestigious institutions: Tulane University, Loyola University, Ursuline Academy, Ochsner Baptist

πŸŒ† Vibrant neighborhood with diverse shopping and dining experiences along St. Charles, Claiborne, and Carrollton Avenues.

Please see attached comps and call Brian for more information at 504-407-1024

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brian Mahon

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