2204 06 PAUGER ST Active

New Orleans,LA 70116

$ 499000

6 Beds

4 Baths

2454 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,454 sqft

Price per Sqft $203

MLS Listing ID 2483475

Style Traditional

Bedrooms 6

Full Baths 4

Year Built 2023

Property Sub-Type Duplex

Property Description

Welcome to your newest income producing opportunity in the heart of New Marigny! This stunning, newly-built duplex promises both comfort and profitability in one of New Orleans' most vibrant neighborhoods. Boasting an unbeatable location within walking distance to the iconic French Quarter and just moments away from downtown, the CBD, and Metairie, convenience is at your doorstep.

Step inside each unit to discover a modern oasis, complete with open living spaces adorned with sleek granite countertops, elegant flooring, and beautiful, NEW appliances. With three spacious bedrooms and two lovely full bathrooms in each unit, tenants will relish in the comfort and style of their new home.

Outside, a generously sized backyard awaits, perfect for gatherings and outdoor entertaining.

Experience the benefits of owner-occupancy by residing in one unit while the rental income from the other covers a substantial portion of your mortgage. Alternatively, seize the opportunity for a hassle-free investment by renting out both sides. 3 Bedroom units in this area rent for about $2000 per month. Currently the downstairs unit is rented for $1850.

Enjoy peace of mind knowing that everything is new, resulting in lower insurance rates and minimal maintenance. Plus, with the property located in an "X" flood zone, rest assured knowing you'll benefit from reduced flood insurance rates.

Don't miss out on this prime opportunity to own a turnkey income-producing property in one of New Orleans' most sought-after neighborhoods. Schedule your viewing today and start reaping the rewards of real estate investment!

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Exterior

Exterior Feature Fence,Porch

Parking Features None

Pool None

Roof Type Shingle

Building

Lot Description City Lot,Rectangular Lot

Foundation Raised

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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