Fantastic Investment Opportunity in the Heart of Mid-City!Discover this income-producing fourplex at 3207-3209 Bienville Street, ideally located in one of New Orleans' most desirable and convenient neighborhoods! This multifamily property features four spacious units, each offering 2 bedrooms and 1 bathroom, for a total of 8 bedrooms and 4 bathrooms.All four units feature updated kitchens with modern cabinets, quartz countertops, and updated appliances, while both upstairs units boast new flooring. These improvements only boost the property's appeal while maintaining its classic New Orleans charm.All four units are currently leased, generating a combined $4,750 in monthly rental income, or $57,000 annually! With established tenants and an existing rental income stream, this property presents an excellent opportunity for investors looking to expand their portfolios with an income-producing asset.Situated in the heart of Mid-City, this property offers convenient access to Bayou St. John, the Lafitte Greenway, City Park, neighborhood restaurants, shopping, and entertainment. Its central location also provides easy access to downtown New Orleans, the French Quarter, and major transportation routes.Whether you're a seasoned investor or looking to add your first multifamily property to your portfolio, this fourplex offers an appealing combination of recent updates, established rental income, and a sought-after Mid-City location. Don't miss this opportunity to own a fully leased, income-producing property in the heart of New Orleans!
Listed By
Agency Name: Crescent Sotheby's International
Agency Phone: 504-944-3605
Shown By
Agent Name: Suzanne Kelly
Agent Phone: (504) 330-0812
Agency Title: Ricci Real Estate
Ricci Real Estate Suzanne Kelly (504) 330-0812
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3207 Bienville Avenue | MLS# 200SWX
This multi-family property located at 3207 Bienville Avenue , New Orleans, LA 70119 is currently listed for sale with an asking price of $499,000. Bienville Avenue is located within the Orleans Parish school district. Search New Orleans real estate on suzannekelly.riccire.com today.