3445 Magnolia Street New Orleans, LA 70115
Beautifully remodeled Multi-unit home located in the Ferret/ Central City neighborhood. In 2015, the property was taken down to the studs and completely rebuilt. The building features a very large, fully furnished three- bedroom apartment on the ground level and two smaller two-bedroom apartments on the second floor. The two top units currently have long-term tenants, generating a monthly income of $2, 900, with the potential to increase. The bottom unit was recently used as an airbnb, offering the new owners the unique opportunity to continue this arrangement as it is the only Airbnb on the block! The airbnb unit can generate up to $7, 000 per month, if not more, in rental income. Start generating income before the holidays!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyOrleans
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site48 Days
- MLS StatusActive
- MLS ID Number2457868
- Home Size Source N/A
- Year Built1939
- Lot Size0.04 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Style Traditional
- Construction Wood Siding
- Parking None
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.04
- Water Public
- Cross Street Amelia-Magnolia
- Property Sub Type Triplex
- Foundation Slab
Interior Features
- Cooling Central Air
- Heating Central
Exterior Features
- Roof Shingle
- Lot City LotIrregular Lot