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920 Vallette St

New Orleans LA 70114

4
4
2400 sq. ft.
Duplex
Currently for sale - view listing

Overview

MONEY MAKING OPPORTUNITY IN ALGIERS POINT! Add a strong income-producing fourplex to your portfolio with $4,417 in total monthly rental income! That’s $53,004 in gross annual rent! Located in the highly desirable Algiers Point area, this property offers an attractive combination of immediate cash flow, established tenants, and long-term investment potential. The property features four 1-bedroom, 1-bath units, a layout with broad rental appeal and a history of strong occupancy and long-term tenant stability. Preferred X flood zone. With over $53K in current annual rental income, this is an opportunity to acquire an established, income-producing multifamily property in one of the area’s desirable rental markets. DO NOT DISTURB TENANTS. SELLER WILL MAKE NO REPAIRS NOR CONCESSIONS.

Features

4 bedrooms
4 bathrooms
2400 sq. ft. floor area
Duplex

Property history for 920 Vallette St

2018
Sold
Undisclosed
09 Jul 2018 by Donna Chandler, of REMAX Results | Eau Claire

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 9 reviews in New Orleans over the last 12 months.

Local market activity for 4 bedroom duplexes in New Orleans

In the last 12 months, 17 four-bedroom duplexes similar to 920 Vallette St, have been sold.

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