19
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$170,000
Est. payment /mo
4,791.6 Acres Lot
Active
5313 Wickfield Drive New Orleans, LA 70122
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID NO2518563
Lot Size 4791.600 Acres
Acres 0.11
Property Sub-Type Duplex
Property Description
Income-Producing Double in Filmore Gardens! Well-maintained double offering two separate units, each with 2 bedrooms and 1 bathroom. Both units are occupied and producing a combined $2,100/month ($25,200/year) in rental income, with tenants responsible for their own utilities. Property highlights: Solid rental history with $25,200 annual gross income Owner-owned refrigerators, stoves, and dishwashers in both units Tenants pay utilities, keeping operating costs lower Annual expenses: Flood insurance $1,082, Property insurance est. $5,500, Taxes $2,352 With 20% down and 7% financing, projected cash-on-cash return ~16% at the $170K asking price Great opportunity for investors or owner-occupants This property delivers reliable cash flow and a strong return in today's market.
Location
State LA
Interior
Heating Central
Cooling Central Air
Exterior
Roof Type Composition,Other
Building
Foundation Pillar/Post/Pier
Level or Stories 1
Others
Tax ID 37W516520
Listed by Keller Williams Realty New Orleans