Engel & VölkersEngel & Völkers
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A white shotgun-style house with green trim, two front doors with security gates, and a raised red foundation.

Prime 7th Ward Investment Opportunity

$275,000
  • 8 Rooms
  • 2 Bathrooms
  • ~171 m² Living area

Description

1639-41 N. Villere Street | Seventh Ward Duplex Creole cottage duplex in the Seventh Ward, one of New Orleans' historic neighborhoods, just blocks from the French Quarter, Marigny, and Bywater. Esplanade Ridge and Bayou St. John close by with easy access to I-10. Offering a rare combined total of 8 fully independent bedrooms and two bathrooms, the two units mirror each other, 4 bedrooms and 1 bath each, about 921 square feet per side for 1,842 total square feet. Combined rental income of $3,000/month means the property can cash flow from day one. Keep the property as-is as an investment, completely or partially renovate the property for a value-add play, or combine the units into a sizable single family residence. Large 32' X 128' lot with endless opportunities. Located within blocks of iconic neighborhood staples like Kermit's Mother-in-Law Lounge, Lil Dizzy's, and Budsi's, plus the Lafitte Greenway and Esplanade for walking and biking. ***Video tour available upon request.***
Features
Air-conditioning
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Engel & Völkers

Your advisor: Richard Hebert

Property ID: AM-5526296

Property details
  • Object type

    Maisonette

  • Rooms

    8

  • Bathrooms

    2

  • Living area

    ~171 m²

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