Lain Gorman

7026 S Claiborne Avenue , New Orleans, LA 70125

$785,000
  • 7026 S Claiborne Avenue , New Orleans, LA 70125 Main Photo

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New to the Market Active
BEDS10 BATHS5 full 3 partial MLS#2579009
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

This architecturally distinguished Spanish Colonial Revival 4-plex in Uptown New Orleans presents a premier, high-yield INVESTMENT OPPORTUNITY, seamlessly balancing historic charm with modern 2022 updates while generating $7,810 IN MONTHLY REVENUE.The ground-floor tenants enjoy covered ARCHED FRONT PORCHES while the two upper apartments feature distinctive, oversized rounded accent windows enclosing bright SUNROOMS that offer unique, FLEXIBLE SPACE. Major 2022 UPGRADES offer top-tier rents with all 4 residences have undergone interior transformations. The heart of each apartment is a chef's kitchen featuring beautiful QUARTZ BACKSPLASHES & COUNTERTOPS, timeless white cabinetry, BREAKFAST BAR seating & stainless-steel appliances, maximizing modern appeal while blending in architectural archways, crown molding & refurbished WOOD FLOORS throughout the living areas. All bathrooms were RENOVATED IN 2022 in light gray & white tones, mostly including quartz top vanities. Other MAJOR IMPROVEMENTS completed in 2022: Brand new roof, water heaters and the ENTIRE BUILDING painted inside and out.Valuable amenities:"¢ OFF-STREET PARKING: Concrete driveway along the entire length of the building allowing tandem parking for multiple cars."¢ Outdoor Space: Fully fenced-in rear yard with a large concrete patio."¢ ON-SITE Laundry: Dedicated downstairs laundry/storage room equipped with 2 washing machines and 2 dryers.Currently generating $7,810 per month, this high-performing property combines architectural beauty with low-maintenance and top-tier rental appeal. Sale contingent upon Buyer assuming all leases. All appointments require 24-hour notice. Schedule your private viewing today! 3 apartments pay all their utilities & 4th apartment's rent includes $360 cap towards utilities. Landlord cuts the grass.

7026 S Claiborne Avenue | MLS# 2579009

This multi-family property located at 7026 S Claiborne Avenue , New Orleans, LA 70125 is currently listed for sale with an asking price of $785,000. Search New Orleans real estate on laingorman.wurthre.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Spanish
Lot Size: 13.4.5/29.1/40 x 114.3/122
Year Built: 1930

Feature Descriptions

Days on Site: 5
Exterior: Stucco
Fencing: Other
Laundry: Inside
Lot: Irregular Lot
Lot Dimensions: 13.4.5/29.1/40 x 114.3/122
Parcel#: 615311906
Parking: Driveway, Off Street
Parking Notes: Driveway, Off Street
Sewer: Public Sewer
Units: 4
Utilities: Natural Gas Not Available
Water: Public

Local Schools

High School: Ursuline
Middle School: Willow, Dominican
Elementary School: Stuart Hall

Listed By / Shown By

Listed By

Agency Name: Homesmart Realty South - Metairie
Agency Phone: 504-908-7653

Shown By

Agent Name: Lain Gorman
Agent Phone:
Agency Title: Wurth Real Estate Services

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Estimated Payment

$ 1,976.03 per month $1,747.07 Principal & Interest $0.00 Property Tax (data not provided by mls) $228.96 Homeowner's Insurance

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