$675,000

10 Beds
4 Baths
4,261 Sqft
.09 Acres
No Garage

Commercially zoned (HU-MU) duplex with STR permit! This excellent property sits adjacent to Good Bird just steps from the heart of Freret Street. Fully managed, the current owner doesn't lift a finger and still the lower STR unit has cleared over $30,000 in net profit in the first 7 months of 2023 (grossing over $47,000). The upstairs is currently rented for $3,000 and boasts high ceilings, independent bedrooms, and a dedicated laundry room with an extra refrigerator and kitchen style countertops. This property is a serious cash cow with the possibility for incredible upside due to new regulations severely restricting residential STR properties. Don't miss out on this opportunity!

Essential Information
MLS® #2429727
Price$675,000
Bedrooms10
Bathrooms4.00
Full Baths4
Square Footage4,261
Acres0.09
Year Built1924
TypeResidential Income
Sub-TypeDuplex
StatusActive
Community Information
Address2305 Soniat St
CityNew Orleans
CountyOrleans
StateLouisiana
Zip Code70115
Amenities
ParkingNone
PoolNone
Interior
CoolingCentralAir,Ductless,WallUnits
Appliances

ENERGY STAR Qualified Appliances

Heating

Central, Ductless, Wall Furnace

Exterior
Exterior FeaturesFence
Lot DescriptionCity Lot, Rectangular Lot
RoofAsphalt, Shingle
FoundationRaised
Additional Information
Days on Market115
HOA Fees0.00
Property History
Price Reduced from $699,000 to $675,000
Price Reduced from $725,000 to $699,000
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