3445 Magnolia Street
New Orleans, LA 70115
- 7 beds
- 4 baths
- 3,200 sqft
- $226 per sqft
- 1939 build
Beautifully remodeled Multi-unit home located in the Ferret/ Central City neighborhood. In 2015, the property was taken down to the studs and completely rebuilt. The building features a very large, fully furnished three- bedroom apartment on the ground level and two smaller two-bedroom apartments on the second floor. The two top units currently have long-term tenants, generating a monthly income of $2,900, with the potential to increase. The bottom unit was recently used as an airbnb, offering the new owners the unique opportunity to continue this arrangement as it is the only Airbnb on the block! The airbnb unit can generate up to $7,000 per month, if not more, in rental income. Start generating income before the holidays!
Last checked:
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Last updated Oct 31, 2024
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MLS# 2457868 —
The Building
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Year Built:1939
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Construction Materials:Wood Siding
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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:Two
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Stories:2
Interior
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Living Area:3200
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Living Area Source:Measured
Financial & Terms
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Home Warranty:No
Location
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Cross Street:Amelia-Magnolia
The Property
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Property Type:Residential Income
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Property Subtype Additional:Triplex
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Property Subtype:Triplex
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Property Condition:Excellent
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Lot Features:City Lot, Irregular Lot
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Lot Size Dimensions:42x50/60
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Lot Size Area:0.04
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Lot Size Acres:0.04
Listing Agent
- Contact info:
- Agent phone:
- (504) 861-7575
- Office phone:
- (504) 861-7575
Beds
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Bedrooms Total:7
Baths
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Full Baths:4
The Listing
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Current Price:$725,000
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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:None
Extra Units
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# of Units Total:3
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/1/24
Oct 1, 2024
|
Price Changed | GSREIN | $725,000 | -0.7% |
|
8/21/24
Aug 21, 2024
|
Price Changed | GSREIN | $730,000 | -1.4% |
|
7/23/24
Jul 23, 2024
|
Listed / Active | GSREIN | $740,000 | 35.8% (14.3% / YR) |
