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
