6258 Bellaire Drive, New Orleans, LA 70124

$2,145,000
List Price
$2,145,000
Status
ACTIVE
MLS#
2023014711
Acres
0.92
Parish
Orleans
Subdivision
Other

Property Description

Located in Lakeview, voted one of the top 10 zip codes in the country, the property is located on the corner of Bellaire and Harrison Ave. Harrison Ave is a one-stop shop of activities and is home to multiple restaurants, bars, boutiques, schools, doctors and attorney offices, churches, and the neighborhood library and pharmacy. Unique, adjoined duplex package made up of 10 units, each a 2 bed, 1 bath. The current moratorium on duplexes in Lakeview, creates an opportunity to acquire a grandfathered rental portfolio with an immediate value add opportunity. This package has immediate value add opportunity – all of the units are currently leased month-to-month & below market rate. See financial summary on page 4. Each unit has dedicated carport parking and a separately fenced backyard with storage. • Located in Lakeview; voted as in the top 10 zip codes in the country. • Grandfathered adjoined rental portfolio; 5 duplexes, 10 units total, 2 bed, 1 bath • Immediate value add opportunity; month-to-month leases and below-market rate • Dedicated parking and fenced-in back yards with storage ***To access the FINANCIALS (rent roll, income, expense, etc.), please click the link below. Next, click the document tab and select "Access Privileged Documents" From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.*** https://elifinrealty.com/deals/?propertyId=fully-occupied-duplex-portfolio-in-lakeview-6258-bellaire-dr-new-orleans-la-70124

Additional Information

Sqft
12000
Hoa Fee Type
NONE
Heating
Central Heat

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Elifin Realty

Copyright 2023 Greater Baton Rouge Association of Realtors. All rights reserved. Information Deemed Reliable but Not Guaranteed.