1831 S DUPRE ST Active Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70125
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,812 sqft
Price per Sqft $177
MLS Listing ID 2461661
Style Traditional
Bedrooms 6
Full Baths 3
Year Built 1950
Property Sub-Type Duplex
Property Description
This show stopping 2,812 sq. ft. Victorian style home built in 1950, is located in the Broadmoor historical district of New Orleans. The upstairs unit contains 3 bedrooms and 1 full bath and the downstairs unit contains 3 bedrooms and 2 bathrooms. Major renovations started with raising the foundation by at least 4" to meet code, followed by replacing plumbing and drainage pipes to the downstairs apartment, adding a new roof, replacing windows, siding, securing the load bearing beams, painting, new HVAC system, electrical rewiring and remodel of landscaping front and back. The interior of both apartments have been completely renovated with beautiful finishes. and work was completed in 2021. Both units feature indoor washers and dryers, central air and heat, ensuring year-round comfort, private driveways, and a very spacious back yard. This beautiful property is part of a 7 Asset Portfolio. This profitable rental portfolio in New Orleans includes 2 doubles, 1 single-family home, 1 four-plex, and 3 fully furnished single-family corporate rental properties, collectively generating a minimum annual income of $272,400. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Offered at $2.8 million, this portfolio represents a rare opportunity in a thriving market. Prospective buyers must sign a confidentiality agreement and provide proof of funds or bank approval. Measurements are deemed reliable, but are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence. Other properties addresses in the portfolio are: 503 Wright, 1831 N. Miro, 3738 Somerset, 3 Shepard Ct, 6226 Lafaye, 8002 Trapier $2.8M total
Location
State LA
County Orleans
Interior
Heating Central,Gas
Cooling Central Air
Laundry Inside
Exterior
Exterior Feature Fence,Porch
Parking Features Driveway,Off Street
Pool None
Roof Type Shingle
Building
Lot Description City Lot,Rectangular Lot
Foundation Slab
Sewer Public Sewer
Water Public
Others
Special Listing Condition None