NEW PRICE! Incredible opportunity on a historic corner lot with off-street driveway parking, a spacious backyard designed for entertaining, and strong income-producing potential. This property features two separate and unique units. The first unit, 8301, is a large 1-bedroom, 1-bathroom loft that could work well for long-term tenants or short-term rental opportunity. The second unit, 8303, offers 3 bedrooms, 2 full bathrooms, driveway parking, a generous backyard, and a converted attic that serves as a versatile bonus room.
Rental comps indicate strong income potential, with the 1-bedroom unit projected to rent for approximately $1,200/month and the 3-bedroom unit projected to rent between $2,000-$2,500/month.
Located in desirable Flood Zone X, this property appeals to a wide range of buyers, from first-time homeowners looking to offset their mortgage with rental income to seasoned investors seeking their next value-add opportunity. While the home could benefit from some updates and TLC, its potential is significant, with an estimated After Renovation Value (ARV) of $411,600.
Don't miss the chance to unlock the value and possibilities this property has to offer!
49 days
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69
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13
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Zillow last checked:
Listing updated:
Listed by:
Austin McCann504-615-3946,
KELLER WILLIAMS REALTY 455-0100504-455-0100
Source: GSREIN,MLS#: 2562909
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Heating
Central, Window Unit
Cooling
Central Air, Window Unit(s)
Appliances
Laundry: Laundry Room
Interior area
Total interior livable area: 1,960 sqft
Property
Parking
Total spaces: 2
Parking features: Driveway, Two Spaces
Has uncovered spaces: Yes
Features
Levels: One
Stories: 1
Patio & porch: Porch
Exterior features: Courtyard, Fence, Porch
Pool features: None
Lot
Size: 3,998 Square Feet
Dimensions: 40 x 100
Features: Corner Lot, City Lot, Rectangular Lot
Details
Parcel number: 716325005
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Architectural style: Other
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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