4536 38 S MIRO ST Active

New Orleans,LA 70125

$ 499000

5 Beds

4 Baths

3746 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,746 sqft

Price per Sqft $133

MLS Listing ID 2500488

Style Traditional

Bedrooms 5

Full Baths 4

Year Built 1930

Lot Size 5,401 Sqft

Property Sub-Type Triplex

Property Description

Attention investors! Explore this rare opportunity to own a well-positioned tri-plex with the potential for expansion to a fourth unit in the desirable Broadmoor neighborhood. Situated on a spacious corner lot, this property has been meticulously maintained and offers a range of attractive features for savvy investors.

Each unit is characterized by abundant natural light, elegant hardwood floors and tile, and smartly designed layouts that maximize space and functionality. Conveniences include full kitchens and in-unit laundry facilities, ensuring tenant comfort and convenience.

Recent upgrades include a two-year-old roof and fresh exterior paint, underscoring the property's commitment to quality and longevity. Exterior amenities such as a relaxing covered front porch and ample off-street parking enhance the property's appeal and tenant satisfaction.

A unique opportunity awaits with the fourth unit, currently gutted and ready for renovation. This presents a compelling chance to increase equity and rental income potential, catering to the growing demand for residential units in this sought-after neighborhood.

Strategically located near universities, this tri-plex offers easy access to everything Broadmoor has to offer. Whether you're looking to expand your investment portfolio or start anew in the real estate market, this property promises exceptional value and limitless potential.

Don't miss out on this exceptional investment opportunity.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Laundry In Unit

Exterior

Exterior Feature Porch

Parking Features Off Street

Roof Type Shingle

Building

Lot Description Corner Lot,City Lot

Foundation Raised

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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