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.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. All appointments require 24-hour notice. Schedule your private viewing today! 3 apartments pay all their utilities & 4th apartment's rent includes $360 cap towards utilities. Landlord cuts the grass.
Broker Details
HomeSmart Realty South (504) 908-7653
MLS ID: SCHMROBY State License Number: 995687935
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: | 10 |
| Number of Bathrooms: | 7 |
ID: 3yd-ROAMLA-2579009
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
600 Blk N Louis Street
Church Point, Louisiana
109 ,111 & 113 Dora Street
Lafayette, Louisiana
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout