Income-Producing Double in a Growing Broadmoor Pocket
This residential double sits in a pocket of North Broadmoor that is undergoing a wave of construction and renovation. This well-priced property presents an excellent opportunity for a traditional investor; an owner-occupant looking to live on one side and let a tenant cover a massive portion of the monthly note; or a buyer looking to convert the structure into a single-family home to establish a footprint in this up-and-coming area.
Both units feature 2 bedrooms / 1 bathroom; original wood floors, and independent front and side entrances. A shared backyard includes a detached 16' x 7' laundry and utility building.
Key Features & Infrastructure Updates:
Complete Gut Renovation (2011): Post-Katrina overhaul including updated electrical wiring, brand-new water lines, and replacement windows.
Independent Climate Control: Separate central AC systems for each side (the 4425 unit is 7 years old; the 4427 unit is 3 years old).
Plumbing & Roof: Underground main drain lines and sewer lines have been fully replaced all the way to the city hookup. The roof was replaced in 2011 and has since been updated with an added ridge vent and full attic insulation.
Insurance: Current transferable hazard and flood policy declarations are available for review.
This is a highly competitive price point in an area with a lot of strong upward momentum. Schedule your showing today.
63 days
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114
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9
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Zillow last checked:
Listing updated:
Listed by:
Billy Patout504-914-5191,
FQR Realtors504-949-5400
Source: GSREIN,MLS#: 2558883
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Heating
Central
Cooling
Central Air
Interior area
Total interior livable area: 1,820 sqft
Property
Parking
Parking features: None
Features
Levels: One
Stories: 1
Patio & porch: Porch
Exterior features: Porch
Pool features: None
Lot
Size: 3,720 Square Feet
Dimensions: 31 x 120
Features: City Lot, Rectangular Lot
Details
Additional structures: Shed(s)
Parcel number: sq 184
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Architectural style: Craftsman
Property subtype: Duplex, Multi Family, Multi Family
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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