2634 Louisiana AveNew Orleans, LA 70115

This exceptional 4-unit apartment building in New Orleans presents a lucrative investment opportunity. Boasting 3,700 square feet on a 3,840 square foot lot, this property offers four units within a two-story building. Completely renovated in 2017, all major systems have been replaced, ensuring minimal maintenance and long-term value. The property features a low-maintenance brick patio backyard. Interior finishes include white shaker kitchen cabinets, stainless steel appliances, wood floors, and sleek bathrooms. Each unit benefits from a welcoming front porch. Currently configured as four units, there's potential to increase revenue by combining units to create larger spaces. The property includes two commercial short-term rental (STR) permits, allowing for flexible rental strategies targeting long-term tenants, corporate rentals, or Airbnb guests. Projected long-term rental income ranges from $7,200 to $8,000 per month. The property's prime location near the Freret corridor, St. Charles Avenue, and public transportation, coupled with the ongoing neighborhood revitalization, ensures strong rental demand. The HUMU zoning designation further enhances the property's versatility and investment potential. Asking price is $749,000.