2703-2705 PALMER Avenue
Property Description
Versatile multi-fam property on a beautiful oak-lined street just minutes from Tulane and Loyola Universities. Unlike a typical double, this expanded layout offers multiple ways to live, lease, or invest. The 2703 side features a five bedroom unit with two living areas, hardwood floors, in-unit laundry and a 2024 balcony addition. Currently vacant and ready for occupancy, this spacious unit has a recent rental history of $6,000 per month. The 2705 side includes two one bedroom apartments generating a combined $2,400/month. Occupy one unit while rental income helps offset your monthly expenses, or lease all three units to maximize income potential! Additional highlights include dual driveways with ample off-street parking, a spacious backyard, fresh interior paint, recently replaced water heaters, and a roof approximately six years old. Don't miss this opportunity in one of Uptown's most convenient locations.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $700,000 |
| No. of Units: | 3 |
| Year Built: | 1950 |
| Lot Size: | 3,191.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $233,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NOMARLA-2560341
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