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912 Egania Street

New Orleans LA 70117

8
4
3
3080 sq. ft.
Duplex
Currently for sale - view listing

Overview

Exceptional investment opportunity to own four well-maintained four-plexes being sold together as a package deal! All four buildings are situated on the same plot of land and include 912 Egania Street (MLS 2558217), 926 Egania Street (MLS 2557802), 5229 Burgundy Street (MLS 2558223), and 5228 North Rampart Street (MLS 2558225). $350K per building. These solid brick/masonry buildings have been meticulously cared for and are in excellent condition inside and out. The properties feature newer roofs less than five years old, beautifully maintained grounds, and spacious units that reflect true pride of ownership. Interior features include a combination of beautiful hardwood and ceramic tile flooring throughout the units, adding both durability and timeless appeal. All units are uniform in size, offering consistency and ease of management for owner occupants and investors alike. All units are fully occupied with residents, providing immediate rental income from day one. All four buildings are electric, and each unit has its own electric meter and water meter, making property management more efficient, simplistic, and convenient. Included in the sale are all appliances including refrigerators, stoves, built-in microwaves, and dishwashers, making this a true turnkey investment opportunity. While the properties are currently leased below market rent, there is significant upside potential for increased cash flow. Given the outstanding condition of the buildings and the strong rental demand in today’s market, investors have the opportunity to substantially increase rental income over time. This is a rare opportunity to own an impressive multi-family portfolio on valuable New Orleans real estate. Whether you are looking to expand your investment portfolio, generate long-term passive income, or obtain appreciating assets in a thriving market, these properties offer tremendous value and future potential. Don't miss out on this incredible investment. Schedule your showing today!

Features

8 bedrooms
4 bathrooms
3 carspaces
3080 sq. ft. floor area
Duplex

Happy sellers in New Orleans

<50%
Less than 50% of sellers in New Orleans reported that their sale price either exceeded or met their price expectations.

New Orleans stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in New Orleans over the last 12 months.

Local market activity for 8 bedroom duplexes in New Orleans

In the last 12 months, 1 eight-bedroom duplex similar to 912 Egania Street, have been sold.

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

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Sales:
(619) 566-0008
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