2242-44 State St, New Orleans, LA 70118

Rare opportunity to own a HIGH INCOME PRODUCING property set on an Uptown historic street CANOPIED by LIVE OAK TREES! Generating $7,500 A MONTH OF REVENUE this updated duplex is an ideal investment in a PRIME location & coveted Flood Zone X. Major capital improvements include ~ 3-YEAR OLD ROOF (2023), NEW under house ~15 ft sewer line (2021) and FOUNDATION work (2022). Both units come FULLY EQUIPPED with stainless steel appliances (dishwashers, microwaves, stoves, refrigerators) and IN-UNIT washers & dryers! Charming FLOOR TO CEILING front windows fill the home with plenty of natural light, offering a stunning glimpse of the elegant CRYSTAL chandelier illuminating the upstairs foyer with original wood floors, faux brick fireplace, beautiful cabinetry, stunning granite counters and BAR ISLAND SEATING. The downstairs unit features vinyl flooring & windows, and a RENOVATED kitchen with white shaker cabinets, black granite counters & large stainless-steel sink. Spanning STREET-TO-STREET, this oversized lot boasts a spacious fenced-in yard with rear access and DUAL ENTRY PARKING—accommodating approximately 5 vehicles across both front & rear spaces via direct access from State Street or Magnolia Street. TWO of 4 bathrooms are NEW additions and only 2 years old with OVERSIZED walk-in showers. 3rd bath is renovated with MARBLE basketweave floor tile & white SUBWAY tub tiles. Each unit enjoys direct access to its own private outdoor space, featuring an expansive upper WOODEN DECK and a COVERED PATIO below, all opening up to a large, shared yard & storage shed. Only 3 BLOCKS TO Tulane University, 0.5 mile to STREETCAR stop 0.7 mile to AUDUBON PARK, 0.9 mile to TRADER JOE’S, near amazing restaurants & more! Tenant occupied: ALL appointments require a minimum of a 24-hour notice through ShowingTime. Offer MUST include provided verbiage in agent remarks stating Buyer agrees to ASSUME the current leases at closing. Accepted offer based on the attached Property Disclosure & reports (total 67 pages).