1609 LESSEPS ST New Orleans LA 70117-4523

Property Mix: An assemblage of eight (8) residential units distributed across two (2) distinct buildings. Each unit is designed with two (2) bedrooms and one (1) bathroom, embodying a well conceived and attractive residential configuration. Overview: An excellent opportunity to acquire a thriving multi-family property in the vibrant New Orleans locale! The property is comprised of two (2) well-maintained buildings housing a total of eight (8) fully occupied apartments. Boasting a total of eight (8) individual off-street parking spaces exclusively for tenants, convenience is at the forefront. These properties are stabilized, with in-place cash flow but also strategically located near other stabilized bustling neighborhoods, renowned retailers, esteemed schools, and bustling workplaces, ensuring stability and promising rent appreciation. Don't miss out on this golden investment opportunity!

-10.54% CAP

-NOI: $73,797.62

-Room for increased Rents