Listing Courtesy of: Grace Saragusa - LATTER & BLUM (LATT28)
504-861-7575
$725,000
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3445 MAGNOLIA Street New Orleans, LA 70115
Triplex
Residence
7
Beds
4
Baths
Sq. Ft.
0.04
Acre
Lot
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Beautifully remodeled Multi-unit home located in the Ferret/ Central City neighborhood. In 2015, the property was taken down to the studs and completely rebuilt. The building features a very large, fully furnished three- bedroom apartment on the ground level and two smaller two-bedroom apartments on... the second floor. The two top units currently have long-term tenants, generating a monthly income of $2,900, with the potential to increase. The bottom unit was recently used as an airbnb, offering the new owners the unique opportunity to continue this arrangement as it is the only Airbnb on the block! The airbnb unit can generate up to $7,000 per month, if not more, in rental income. Start generating income before the holidays!
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MLS#
2457868
Property Type
Triplex
Bedrooms
7
Bathrooms
4 Full
Year Built
1939
Lot Size
0.04
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