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872931 Edinburgh Street

New Orleans LA 70118

3
3
1800 sq. ft.
Duplex
Currently for sale - view listing

Overview

"MONEY-MAKING RENTAL PROPERTY ~ PRICED UNDER $200k!" Fully occupied by "long term tenants!" Seller converted this duplex to a triplex and is currently collecting a total of $40,236 per yr. ($3,353 per month) in gross rental revenue, for all three units. Section 8 rental assisted units. All measurements are approximate. All appliances, and A/C units, are owned by the Seller and will be included with the sale/purchase. All units have window units for A/C and wall furnaces for heat. Will not qualify for FHA or VA financing. Calling all "CASH" buyers! Located close to Costco Wholesale's Dublin St. location, just off S. Carrollton Ave. Even though this property is in need of repairs, it's fully occupied and is raking in the revenue! 24 hour notice is needed to schedule all showings.

Features

3 bedrooms
3 bathrooms
1800 sq. ft. floor area
Duplex

Happy sellers in New Orleans

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

New Orleans stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in New Orleans over the last 12 months.

Local market activity for 3 bedroom duplexes in New Orleans

In the last 12 months, 5 three-bedroom duplexes similar to 872931 Edinburgh Street, have been sold.

This represents a 29% increase in three-bedroom duplexes sales when compared to the previous 12 months.

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