21
See all 21 photos
$215,000
Est. payment /mo
4 Beds
2 Baths
1,408 SqFt
New
1772 N DORGENOIS ST New Orleans, LA 70119
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,408 sqft
Price per Sqft $152
MLS Listing ID 2538441
Bedrooms 4
Full Baths 2
Construction Status Average Condition
HOA Y/N No
Year Built 1951
Lot Size 3,327 Sqft
Acres 0.0764
Property Sub-Type Duplex
Property Description
Great Investment Opportunity – Cash-Flowing Duplex in the Heart of New Orleans! This shotgun double / duplex is in good condition and located in a desirable X flood zone of New Orleans. This property offers an excellent chance for both investors and owner-occupants to step into a ready-to-go rental opportunity. The left side of the duplex is tenant-occupied by a long-term renter on a month-to-month lease. This tenant benefits from Section 8 rental assistance, paying just $218/month, with Section 8 contributing $1,032/month, for a total of $1250 per month on that side, offering stable, guaranteed income. The right side was recently partially renovated, featuring an updated kitchen with modern appliances and a refreshed interior. This unit is also rented to a section 8 tenant, for $1250 per month, for a total of $2500 per month in rental income. Other highlights include: A new privacy fence enclosing a nicely manicured backyard, perfect for tenant enjoyment. Roof replaced approx. 4 years ago, offering peace of mind for years to come. Located in an X flood zone, which may help with insurance savings. Short walk to Jazz Fest and the Race Track. This duplex is a rare find in New Orleans with true cash flow potential from day one. Whether you're looking to live in one side and rent the other, or add to your investment portfolio, this is one you don't want to miss.
Location
State LA
County Orleans
Interior
Heating Central, Window Unit
Cooling Central Air, Window Unit(s)
Fireplace No
Exterior
Exterior Feature Fence
Parking Features None
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories One
Construction Status Average Condition
Others
Tax ID 37W208505
Special Listing Condition None
Listed by Century 21 J. Carter & Company
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