1201 N Galvez St, New Orleans, LA 70119
- $715,000
- 6
- BD
- 3,820
- SqFt
- List Price
- $715,000
- MLS#
- 2561693
- Status
- ACTIVE
- Type
- Multifamily
- Style
- Other
- Foreclosure
- Yes
- Stories
- 2
- Bedrooms
- 6
- Half-baths
- 1
- Living Area
- 3,820
- Parish
- Orleans
Property Description
Currently zoned as a duplex but used previously with 2 long term tenant units and 1 STR. There are 3 independent units. This property was originally a neighborhood corner store. This home underwent a complete renovation that included new roofing, HVAC, plumbing, & electrical systems in 2017/2018. It is situated on a corner lot w/ a driveway located at the rear of the property. The front unit (1201) spans the upstairs and part of the downstairs. The upstairs has an amazing open floor plan with a fabulous kitchen and a small office. Additionally, Upstairs has 3 bedrooms (one with an ensuite bathroom) and 2.5 bathrooms while the lower level portion of 1201 can be used as a separate unit featuring an additional 1-bedroom and 1-bathroom guest suite w/ a private entrance. The lower portion of 1201 can be secured and used as a separate guest suite or combined with the upstairs. Both units in 1201 have their own kitchens, living spaces and laundry facilities however share the same electrical meter. The downstairs back unit (1203) has 2 bedrooms and 1 bathroom and its own electrical meter. There is only 1 water meter for the entire home. This home has been well maintained and gives the investor the ability to offset their mortgage payments with plenty of rental options. All units have central air and heat and in unit laundry. Ask about covenants and restrictions due to foreclosure. Call Cherie Juneau at 504-307-0587 for a Private Showing.
Additional Information
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Pool Description
- None
- Property Condition
- Excellent
- Heating
- Central
- Cooling
- Central Air
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