331 S NORMAN C FRANCIS Parkway
Property Description
Beautiful Spanish Revival fourplex in the heart of Mid-City, offering timeless character and exceptional investment potential. This well-maintained property features four units, including one 2-bedroom apartment, two 1-bedroom apartments, and one studio, providing a versatile unit mix with a strong rental history.The property underwent a major post-Katrina renovation, with additional significant capital improvements completed between 2018 and 2020, including a new roof, HVAC systems, water heaters, foundation work, and other major upgrades-offering added peace of mind for the next owner.A rear lot provides valuable off-street parking for up to five vehicles, a rare convenience in this desirable neighborhood. Ideally located just blocks from the Canal Street streetcar line, residents enjoy easy access to downtown, the French Quarter, City Park, and all that New Orleans has to offer.Whether you're seeking a proven income-producing investment or the opportunity to live in one unit while generating rental income from the others, this Mid-City gem is an outstanding opportunity.
Broker Details
James Henderson Properties, LLC (504) 812-2954
MLS ID: HENDJAME State License Number: 995687251
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $539,000 |
| No. of Units: | 4 |
| Year Built: | 1951 |
| Lot Size: | 3,031.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $134,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-ROAMLA-2567949
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