7026 S CLAIBORNE Avenue
Property Description
This architecturally distinguished Spanish Colonial Revival 4-plex in Uptown New Orleans presents a premier, high-yield INVESTMENT OPPORTUNITY, seamlessly balancing historic charm with modern 2022 updates while generating $7,810 IN MONTHLY REVENUE. The ground-floor tenants enjoy covered ARCHED FRONT PORCHES while the two upper apartments feature distinctive, oversized rounded accent windows enclosing bright SUNROOMS that offer unique, FLEXIBLE SPACE. Major 2022 UPGRADES offer top-tier rents with all 4 residences have undergone interior transformations. The heart of each apartment is a chef's kitchen featuring beautiful QUARTZ BACKSPLASHES & COUNTERTOPS, timeless white cabinetry, BREAKFAST BAR seating & stainless-steel appliances, maximizing modern appeal while blending in architectural archways, crown molding & refurbished WOOD FLOORS throughout the living areas. All bathrooms were RENOVATED IN 2022 in light gray & white tones, mostly including quartz top vanities. Other MAJOR IMPROVEMENTS completed in 2022: Brand new roof, water heaters and the ENTIRE BUILDING painted inside and out with outside AC units dated Aug 2024, Jan 2022, March 2016 & Aug 2014. Valuable amenities: - OFF-STREET PARKING: Concrete driveway along the entire length of the building allowing tandem parking for multiple cars. - Outdoor Space: Fully fenced-in rear yard with a large concrete patio. - ON-SITE Laundry: Dedicated downstairs laundry/storage room equipped with 2 washing machines and 2 dryers. Currently generating $7,810 per month, this high-performing property combines architectural beauty with low-maintenance and top-tier rental appeal. Sale contingent upon Buyer assuming all leases. 1st showing appointments available starting Friday, Oct 2nd. All appointments require 24-hour notice. Schedule your private viewing today! 3 apartments pay all their utilities & 4th apt rent includes $350 cap towards utilities. Landlord cuts the grass.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $785,000 |
| No. of Units: | 4 |
| Year Built: | 1930 |
| Lot Size: | 4,146.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $196,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NOMARLA-2579009
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