Rare opportunity to own investment property less than half block from Broadway St., The Boot, The Mushroom, etc... Tenants walk to Loyola, Tulane, bars/restaurants without getting in car. Amazing architectural detail, floor to ceiling windows throughout the property, wood floors, great layout with independent bedrooms. All bedrooms have ceiling fans & closets, two bathrooms have double sinks. $4,750/mo in rental income, never vacant. 7.26% Acquisition Cap Rate, 11.23% IRR assuming 3% annual appreciation.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
