$575,000
Active
46 Days Online
5 Beds5 Baths3,053 SQFT
Active

8525 Hickory Street New Orleans, LA 70118

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Rare opportunity to purchase a University/Carrollton 5 unit complex in excellent condition with $5, 834 a month in rental income! The complex was renovated from the ground up in 2014 with all new framing, electrical, plumbing, HVAC, siding, porches, & roof. There is room for value add with upgraded appliances & rent escalations but the hard work is done. Building has low maintenance exterior & located in a high demand rental area that still has room for growth. Owner/Agent

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyOrleans
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site46 Days
  • MLS StatusActive
  • MLS ID Number2457966
  • Home Size Source Appraiser
  • Year Built1930
  • Lot Size0.23 Acres
  • Full Baths5
  • Partial BathsN/A

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General Features

  • Style Cottage
  • Parking None
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.23
  • Water Public
  • Cross Street Joliet, Leonidas
  • Property Sub Type Apartment
  • Foundation Raised

Interior Features

  • Cooling Central AirDuctlessWall Units
  • Heating CentralDuctlessWall Furnace
  • Laundry Features In Unit

Exterior Features

  • Roof Shingle
  • Pool Features None
  • Exterior BalconyPorch
  • Lot City Lot
  • Patio And Porch BalconyPorch

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Monthly Payment (Est.)

$2,794
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