$425,000
Active
46 Days Online
4 Beds2 Baths2,247 SQFT
Active

3738 Somerset Drive New Orleans, LA 70131

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For your convenience, portfolio picutures are attached. Thank for viewing, please read full public remarks. This charming single-family home is nestled in the Old Aurora neighborhood. Built in 1960, this beautiful renovation features a spacious layout with approximately 2, 200 square feet of living area including 4 bedrooms, 2 full bathrooms, and is being sold fully furnished! Features include stainless steel appliances, granite countertops, and a sunroom with a bar for entertaining. Sitting on a generous lot size of 8, 703 square feet, it offers ample outdoor space for any type of gathering. Its location in the historic and vibrant Old Aurora neighborhood combines the tranquility of suburban living with convenient access to the rich cultural and social amenities of New Orleans. This charming house is a great opportunity for families or groups, offering an unbeatable location and plenty of amenities. Just two miles from Wal-Mart and a mere 0.2 miles from Lakewood Golf Course, it provides convenience and leisure right at your doorstep. Central New Orleans is easily accessible, being only 6.4 miles or a 10-minute drive, Uber, or ferry ride away. This exceptional rental portfolio, priced at $3.5 million, offers a diverse and profitable investment opportunity. All properties in the portfolio have been recently renovated, ensuring they are in excellent condition and ready for continued or expanded rental use. The sale includes the transfer of all future bookings, providing immediate income to the new owner. Included are 2 doubles, 1 single family, 1 four-plex, and 3 fully furnished single family corporate rental properties with incomes ranging from $259, 000 annually with the potential to rise to approximately $512, 000 when optimizing the corporate rentals and rental adjustments. All measurements are approximate and not guaranteed by agent/broker/seller and must be verified during due diligence. Must sign confidentiality form and show proof of funds or bank approval.

  • Property TypeSingle Family Home
  • NeighborhoodAurora Gardens
  • CountyOrleans
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site45 Days
  • MLS StatusActive
  • MLS ID Number2461653
  • Home Size Source Appraiser
  • Year Built1962
  • Lot Size0.1998 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Construction Brick
  • Parking Carport
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.1998
  • Water Public
  • Security Smoke Detector(s)
  • Cross Street General DeGaulle, Berkley
  • Property Sub Type Single Family Residence
  • Foundation Slab

Interior Features

  • Cooling Central Air
  • Heating Central
  • Appliances DryerDishwasherMicrowaveOvenRangeRefrigeratorWasher
  • Interior Ceiling FansStainless Steel AppliancesCable Tv
  • Fireplace Features None
  • Fireplace No

Exterior Features

  • Roof Shingle
  • Exterior Fence
  • Lot City LotOversized Lot

Community Features

  • Security Features Smoke Detector(s)

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Monthly Payment (Est.)

$2,065
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