$205,000
Accepting Backup Offers

2003 SPAIN STREET

New Orleans, LA 70117
2448 sqft | 5 beds | 3 baths | #2509899
Browse 13 photos
Type:Purchase
Structure:2 Family
Zone:Residential

Description

Investor’s Dream in St. Roch – Gutted Duplex Ready for Renovation!
Located in the heart of St. Roch, this side-by-side duplex, situated on a 4,096 sq. ft. lot with a driveway for off-street parking, presents an incredible investment opportunity! Stripped to the studs and ready for transformation, this property comes with approved renovation plans for a 3-bed/2-bath and 2-bed/1-bath layout.
Recent updates include a new roof, framing, and windows (2021), setting the stage for a smooth renovation. Zoned HU-RD2, this property offers flexibility for owner-occupants, long-term rentals, or potential short-term rental opportunities. Estimated long term rental income ranges from $3,200 to $3,500/month once completed.
Utilities (water, gas, electricity) are currently disconnected. Don’t miss this chance to customize and capitalize on this promising property in a growing market!

  • Property Details
      • Lot DescriptionCityLot, RectangularLot
      • Utility FeaturesWaterNotAvailable
      • Property ConditionPoorCondition
      • StyleTraditional
      • Sewer InformationPublicSewer
      • Property TypePurchase
      • Original List Price$205,000
      • CountyOrleans
      • MLS #2509899
      • MLS #2509899
      • FoundationRaised
      • Cost205000
      • Property SubtypeDuplex
      • Square Feet2448
      • Year Built1960
      • Bedrooms5
      • Bathrooms3
      • Full Baths3

Location

Troy Lawrence NMLS #1885144 | Magic Mortgage Inc NMLS #2654516Real Estate Group
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