New Listing
2905-07 Pauger St, New Orleans
4 Beds, 2 Baths, 1,229 Sf
$199,000
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(Undisclosed Address), New Orleans
$229,000
4 Beds
4 Baths
1,816 Sqft
0 Acres
Has Garage
INVESTMENT OPPORTUNITY!!! Income-producing raised bungalow double in the New Marigny. Each side features two bedrooms, two bathrooms, and open-concept kitchen/living areas with hardwood floors, tall ceilings, mantles, and ornate wall moldings that highlight the homes historic character. Both units offer separate washer/dryer hookups and single garage parking, plus access to a small fenced courtyard. Currently leased to long-term tenants at $1,000 per month each, the property generates $24,000 in gross annual income. The raised basement, with impressive ceiling height, provides untapped potential for storage, studio, workshop, or expanded garage use. With stable tenants in place, solid cash flow, and room for future upside, this double is a smart portfolio addition in a desirable New Marigny location.
Essential Information
MLS® #2523522
Price$229,000
Bedrooms4
Bathrooms4.00
Full Baths4
Square Footage1,816
Year Built1940
TypeResidential Income
Sub-TypeDuplex
StatusActive
Community Information
AddressN/A
CityNew Orleans
CountyOrleans
StateLouisiana
Zip Code70119
Amenities
ParkingGarage, Two Spaces
PoolNone
Interior
HeatingCentral
CoolingCentral Air
Exterior
ExteriorWood Siding
Exterior FeaturesFence, Porch
Lot Description1 to 5 Acres, City Lot
RoofShingle
ConstructionWood Siding
FoundationRaised
Additional Information
Days on Market58
Property History
Price Reduced from $244,000 to $229,000
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