Multi-Family $ 700,000

2703-2705 PALMER AVE

New Orleans, LA 70118

  • 7 Beds
  • 4 Baths
    Full Baths: 4
  • 3,191 SqFt
  • 5,784 Lot Size
  • 1950 Year Built
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.
Listed by REVE, REALTORS

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 191 sqft

    Price per Sqft $219

    MLS Listing ID 2560341

    Style Craftsman

    Bedrooms 7

    Full Baths 4

    Construction Status Very Good Condition

    HOA Y/N No

    Year Built 1950

    Lot Size 5,784 Sqft

    Acres 0.1328

    Property Sub-Type Duplex

  • Location

    State LA

    County Orleans

  • Building

    Lot Description City Lot, Rectangular Lot

    Entry Level One

    Foundation Raised

    Sewer Public Sewer

    Water Public

    Architectural Style Craftsman

    Level or Stories One

    Construction Status Very Good Condition

  • Interior

    Heating Central, Window Unit

    Cooling Central Air, Window Unit(s)

    Fireplace No

  • Exterior

    Exterior Feature Fence

    Parking Features Driveway, Off Street, Three or more Spaces

    Pool None

    Water Access Desc Public

    Roof Type Metal,Shingle

  • Others

    Tax ID 615208605

    Special Listing Condition None

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CONTACT

Kat Bosio
Kat Bosio

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