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1423 Feliciana St, New Orleans, LA 70117

5 Beds / 4 Baths • 2,650 SqFt
Available
Offer Submission Deadline
  • 2-4 Unit
  • 5
  • 4
  • 2650
  • 3627

Description

Price - $195,000

4 Units in North Bywater


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Charming North Bywater shotgun home with three detached units at the rear, offering approximately 2,650 sq. ft. of livable space. The main house is equipped with dedicated electric and gas meters, while the back building has two additional gas and electric meters. Two of the rear units share a meter, and the third has its own independent electric meter. Both buildings received new roofs less than five years ago, post-Hurricane Ida, and nearly all windows have been replaced, with a fresh coat of paint on each building. All utilities are currently on.

Main House

  • 2 bed / 1 bath
  • 950 sq. ft.
  • Currently tenanted month-to-month, paying $550/month.

Back House

Unit 1 (Downstairs)

  • 1 Bed / 1 Bath
  • 700 sq. ft. (approx.)
  • Finished, vacant, with its own independent water and electric meter.

Unit 2 (Upstairs)

  • 1 Bed / 1 Bath
  • 600 sq. ft. (approx.)
  • Needs minor cosmetic updates, vacant.
  • Shares water and electric meter with Unit 3.

Unit 3 (Upstairs)

  • 1 Bed / 1 Bath
  • 400 sq. ft. (approx.)
  • Requires sheetrock work and light cosmetics, vacant.
  • Shares utilities with Unit 2.

Estimated Spread

  • ARV $380,000
  • Price $195,000
  • Spread $185,000

TJ Smith

Phone (504) 688-7216
Email tj@504homebuyers.com
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