1127 Flanders Street, New Orleans, LA 70114

Orleans Parish, New Orleans, LA, 70114
Sold
Listed at: January 25th, 2023
Price
$70,000
ARV
$230,000
Gross Margin
$160,000
Sq. Footage
1815
Type
Multifamily
Parking
Driveway
Year build
1960
Lot size
0.11 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Algiers duplex ready for rehab now available from Abbott Price! This property was recently damaged in a fire and is being sold in as-is condition. Each unit features two bedrooms and one bathroom. The property is separately metered for electrical, water, and gas utilities, has off-street parking, and has washer/dryer hookups in each unit. Abbott Price's primary analysis of the property estimates an ARV of $230,000 and gross rental income north of $2,500 per month. Flanders Street is located in an X flood zone and each unit is approximately 910 square feet.


Do not hesitate to reach out and take advantage of this rare opportunity to own a duplex in Algiers for under $75,000! The property is conveniently located near Martin Behrman Charter School and Delgado Community College. Only 3 blocks from General Meyer, you can be in New Orleans in fifteen minutes or navigate the Westbank with little to no traffic.

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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Disposition manager