2933 PINE Street, New Orleans, LA 70125

LATEST
Townhouse
INR ₹51,889,949
USD $615,000
Published on: 02 Nov 2024
Last updated on: 04 Nov 2024
2933 PINE Street, New Orleans, LA 70125
2933 PINE Street, New Orleans, LA 70125
2933 PINE Street, New Orleans, LA 70125
+16
2933 PINE Street, New Orleans, LA 70125
  • 16
Property ID: 110095482680
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4 Plex, Shot Gun - New Orleans, LA

2933 PINE Street, New Orleans, LA 70125
Welcome to 2933 Pine Street, a two-story 4-plex situated in the charming Fountainbleau area of New Orleans, right next to the esteemed Dominican High School. This property presents a phenomenal opportunity for both seasoned and budding investors. Listed by its owner/agent. Built with symmetry and style, each of the four units mirrors its counterpart, offering a consistent and pleasing layout. The two ground-floor shotgun units feature 2 bedrooms and 2 bathrooms each, while the upper shotgun units mirror this configuration with one bath and a rear deck. All units boast modern conveniences, including washer and dryer hookups and central HVAC systems to ensure year-round comfort. Recent updates include a substantial renovation around 2015 and the addition of sleek hardwood floors in the lower units in 2018.Currently, all four units are rented, generating stable income with the highest rent reaching $1,450 per month. One unit comes with off-street parking for one car. A detailed rent roll is available to prospective buyers, illustrating the property’s lucrative potential.For investors looking to maximize their leverage, this property may be eligible for 3.5% down financing through FHA. Additionally, the seller is offering the possibility of financing the purchase via a bond for deed with attractive terms for the right buyer. Alternatively, you might choose to occupy one unit yourself and let the rental income from the other three cover your mortgage— a smart strategy for anyone looking to make their investment even more affordable.Don’t miss out on this exceptional opportunity to own a piece of New Orleans’s vibrant real estate market. Whether you’re expanding your portfolio or stepping into the world of investment for the first time, 2933 Pine Street offers both a great opportunity and a touch of Southern charm.

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Land Size
5,052.96 sq ft
Building Size
3,908.00 sq ft
Architecture Style
Other
Building Unit Count
4
Condo Floor Num
2
Num Floors
2
County
Orleans
Provider
eXp Realty, LLC
Brokerage Office Name
eXp Realty, LLC
Brokerage Office Phone
504.513.3109
Neighbourhoods
Fontainebleau
Address
2933 PINE Street, New Orleans, LA 70125
Contact Agent
Karianne Chassee
650 Poydras St, New Orleans, LA 70130
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Karianne Chassee
650 Poydras St, New Orleans, LA 70130
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      Property ID: 110095482680

      Data provided by eXp Realty, LLC, MLS #: 2473740
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