1231 33 Flanders Street
New Orleans, LA 70114
- 4 beds
- 2 baths
- 1,814 sqft
- $132 per sqft
- 1950 build
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Welcome to this superb investment property that's already a cash cow! Currently fully occupied and generating $2600 per month in rental income, this property surpasses the 1% rule effortlessly. Both units are leased to great tenants who wish to stay. This property provides a stable income stream. Separate water and electric meters. Recently renovated to pristine standards, each unit boasts 2 bedrooms and 1 bath, featuring brand-new appliances, including washer/dryer units. Enjoy the modern touch of new ceramic tile throughout, ensuring easy maintenance with no carpet in sight. Convenience is key with off-street parking available for each unit, situated in a quiet, well-established neighborhood. This low-maintenance property promises hassle-free ownership and consistent rental income. Whether you're considering owner occupancy or expanding your investment portfolio, this property presents an exceptional opportunity not to be missed.
Last checked:
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Last updated Feb 15, 2025
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MLS# 2456992 —
The Building
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Year Built:1950
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Construction Materials:Brick
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Architectural Style:Traditional
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Building Area Source:Measured
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Roof:Shingle
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Foundation:Slab
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Levels:One
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Stories:1
Interior
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Living Area:1814
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Living Area Source:Measured
Location
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Cross Street:Lamarque Street, Patterson Drive, General Meyer
The Property
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Parcel Number:513702215
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Property Condition:Excellent
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Lot Features:City Lot, Rectangular Lot
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Lot Size Area:0.1354
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Lot Size Acres:0.1354
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Lot Size Dimensions:50 x 116
Listing Agent
- Contact info:
- Agent phone:
- (504) 521-1100
- Office phone:
- (504) 521-1100
Taxes
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Tax Legal Description:TUNISBURG SQ 9 PTS 16/19 OR 15-A 50 X 118 1233 FLANDERS FORMALLY 1231/1233 FLANDERS
Beds
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Bedrooms Total:4
Baths
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Full Baths:2
The Listing
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Current Price:$240,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:Yes
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Cooling:Central Air
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
Parking
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Parking Features:Assigned, Driveway, Off Street
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/10/24
Sep 10, 2024
|
Sold | GSREIN | $240,000 | -2.0% |
|
8/2/24
Aug 2, 2024
|
Sold Subject To Contingencies | GSREIN | $245,000 | |
|
7/5/24
Jul 5, 2024
|
Listed / Active | GSREIN | $245,000 |
