4512-14 S Derbigny St, New Orleans, LA 70125

Why Rent when you can live in a beautiful duplex home for less than the cost of rent! This is a great investment opportunity suited for either owner-occupied or rental property. Home has good bones, well maintained and a solid rental history. The sunny upper unit has beautiful newly refinished original wood floors, decorative plaster cove ceilings, large covered front porch, laundry room with pantry, 3 independent bedrooms, 2 bathrooms and windows on all sides. The lower unit offers 4 bedrooms, two bathrooms and a large covered front porch. Driveway accommodates 4 cars and home has 2 electric meters and 1 water meter. Lower unit rents for $1900 with a $3582 security deposit. The projected rent for the upper unit is $2000, but was intentionally left vacant for possibility of owner-occupancy. Foundation inspected and exterior repainted (2024), roof drain replaced (2022), new flat roof and mansard roof repaired (2021), upper unit air handler and condenser replaced (2020) & lower unit air handler replaced (2019). Kitchens and bathrooms need to be updated. Priced to Sell! Owner/Agent