1725 NUNEZ Street, New Orleans, LA 70114 (MLS# NO2538359)

This amazing renovated 4 plex & (double MLS #2538360) for sale located in the historic urban area of Algiers. The 4 plex was renovated in 2021 and has a total of 10 beds/4 baths. Both upper units have 2 beds and 1 bath. Lower units have 3 beds and 1 bath. New roof installed 2021. Property has been upgraded with granite countertops, central air/heat, laminate floors, stove, refrigerator, and washer/dryer included. This property was zoned for commercial/residential use. Tenants pay all utilites (separate water meters). This property generates a total of $5,475 a month, $65,700 annually. Rents could be higher. Double was renovated in 2019 and has a total of 4 beds/2 baths. Both units have 2 beds and 1 bath. Property has been upgraded with granite countertops, central air/heat, ceramic tile, stove, microwave, refrigerator, and washer/dryer included. This property generates a total of $1200 a month, $14,400 annually. Rent could be higher. Owner currently occupies one unit. Owner is willing to leave a 40X10 shipping container on the lot. Container could be converted to a 1 bed/1 bath unit for additional income. Both properties are on the parade route, minutes from the French Quarter and have a beautiful view of the city. Do not miss out on adding these two fabulous properties to your portfolio. Do not disturb tenants. NO SIGN ON THE PROPERTY.

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