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2036-38 Lamanche St, New Orleans, LA 70117 Sold

  • $139,000
  • 4 beds
  • 2 baths

This turnkey duplex is an ideal investment opportunity offering both immediate cash flow and minimal maintenance.

Each side features 2 bedrooms and 1 bathroom, providing comfortable living spaces for tenants.

Potential rents = $2400 per month—one side is currently rented at $1,200, and the other is vacant. This property ensures strong cash flow potential from the start.

Key Features:

  • Steady Cash Flow: With a potential rent of $2400 per month, this property delivers strong rental income and excellent cash flow potential.
  • Turnkey Condition: Ready for immediate occupancy—no work needed, making it a hassle-free investment.
  • Tankless Water Heaters: Energy-efficient and reliable, providing on-demand hot water for tenants.
  • Newer AC Units: Recently upgraded air conditioning units for year-round comfort and efficiency.
  • Roof: Roof is approximately 8 years old, offering peace of mind with minimal maintenance for years to come.
  • Lot Size: A spacious 34×126 lot, providing ample room for outdoor activities or future enhancements.
  • X Flood Zone: Located in a desirable, non-flood zone area, which means lower insurance costs and added security.

Situated in the Lower Ninth Ward / Holy Cross neighborhood with strong rental income, a turnkey condition, and a prime location, this property is an excellent addition to any investment portfolio. Don’t miss out on this opportunity!

Price:
$139,000
Address:
2036-38 Lamanche Street
New Orleans, LA 70117
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Duplex

Call (504) 920-4747 for more details

Property Location