HOW DOES 9.3% CAP RATE AND 18.3% PRO FORMA SOUND? Thank you for viewing! Pictures of other properties are also shown in this listing. Please read entire public remarks..Income producing 4 plex off Hayne Blvd, fully occupied, and recently renovated. All units consists of 2 bedrooms 1 bath and are all flats. Two units down and 2 units upstairs. When building was renovated, all major components were replaced. New privacy fence and security system installed. Storage unit and covered parking comes with each unit. Carpeted bedrooms, tile living area. cathedral ceiling in living room. Unit living area is approximate and not guaranteed. Washer/dryer hookups inside unit. No smoking, no pets. Tenants pay all utilities. Convenient location in New Orleans East off Hayne Blvd. All 4 floorplans are identical, mirror images. Here's your opportunity to obtain a profitable investment portfolio. Portfolio includes 3 fully furnished single family vacation/corporate rentals, 2 doubles, and a single family residence. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Each property has been meticulously renovated, offering a turnkey investment opportunity. Offered at $2.8 million, this portfolio represents a rare opportunity in a thriving market. Prospective buyers must sign a confidentiality agreement and provide proof of funds or bank approval. Although measurements are deemed reliable, they are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence. Pictures of MLS#2461653, MLS#2461661, MLS#2461662, MLS# 2461163, MLS#2461658, MLS#2461660 are also included in this listing. Schedule a Private Showing

Listing courtesy of GSREIN / WEICHERT, REALTORS - Prestige Homes

Last checked: Checking… • Last updated Mar 16, 2025 • Source: GSREIN

MLS# 2461161 — Report a problem