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7621 Benjamin Street

New Orleans LA 70118

2
2
2
970 sq. ft.
Duplex
Currently for sale - view listing

Overview

This charming Uptown double in the desirable Black Pearl neighborhood makes excellent use of its footprint and offers an attractive opportunity for investors, an owner looking for a pied-à-terre, or someone envisioning a future conversion to a single residence. Ideally located near the universities, St. Charles Avenue, Maple Street and Audubon Park, the property combines convenience with the character of a classic New Orleans neighborhood. The charming exterior features a welcoming front porch, while a particularly rare feature is the two separate driveways, one serving each unit. Each one-bedroom, one-bath apartment offers an efficient open-concept living and kitchen area with wood floors and an eating bar. Beyond the furnished kitchen is the bedroom, which features an attached bath. Each unit also includes its own private driveway, attached storage shed with washer and dryer, ceiling fans and a private outdoor area. Currently leased at $1,000 per month per unit, the property provides immediate rental income. The lease for 7621 Benjamin Street runs through July 31, 2027, and the lease for 7623 Benjamin Street runs through June 30, 2027.Additional features include a 2021 roof replacement and desirable X flood zone designation. The property has two electric meters and one water meter and one gas meter. Tenants are responsible for electricity, while the owner pays water and gas. Heating and cooling are provided by window units. With its flexible layout, off-street parking, outdoor spaces, established rental income and sought-after Uptown location, this well-maintained double offers a wonderful combination of investment potential, location and New Orleans charm.

Features

2 bedrooms
2 bathrooms
2 carspaces
970 sq. ft. floor area
Duplex

Property history for 7621 Benjamin Street

2013
Sold
Undisclosed
28 Jun 2013 by TERRENCE DAVIS, of LATTER & BLUM (LATT07)
2013
Rented
Undisclosed
06 Jun 2013 by LATTER & BLUM PROPERTY MANAGEMENT, INC
2011
Rented
Undisclosed
11 May 2011 by LATTER & BLUM PROPERTY MANAGEMENT, INC

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89% of sellers in New Orleans reported that their sale price either exceeded or met their price expectations.

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Local market activity for 2 bedroom duplexes in New Orleans

In the last 12 months, 2 two-bedroom duplexes similar to 7621 Benjamin Street, have been sold.

This represents a 80% increase in two-bedroom duplexes sales when compared to the previous 12 months.

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