Address: 2923 Milan St, New Orleans, LA 70115, USA
Property Description
UPTOWN DOUBLE UNDER $280,000 WITH $2,400 IN MONTHLY RENTAL INCOME! Located two blocks from Napoleon Avenue on the riverside of South Claiborne Avenue, 2923-2925 Milan Street is a raised, single-story shotgun double with two side-by-side units. Both units are leased at $1,200 per month, for a combined $28,800 in annual gross rent at current rates. Each unit offers 2 bedrooms, 1 full bath, and approximately 893 square feet of living area, with high ceilings and wood floors. The property sits on a 39' x 120' lot and features a covered front porch, a shaded backyard, a storage shed, and two off-street parking spaces. Separate electric and water meters serve each unit, and tenants pay electricity, gas, water, sewer, and trash collection. Offered at $279,000, this duplex combines an Uptown location near Napoleon Avenue and South Claiborne Avenue with rental income from two occupied units.