4120 24 ERATO ST Active Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70125
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $150
MLS Listing ID 2507718
Style Other
Bedrooms 6
Full Baths 4
Year Built 1970
Property Sub-Type Duplex
Property Description
Turnkey Investment Opportunity in the Heart of New Orleans!
Come see this newly remodeled double featuring two spacious 3-bedroom, 2-bath units with no carpet, fresh paint, and modern finishes throughout. This income-producing property is ideal for both investors and owner-occupants alike.
Each unit is separately metered for water and electricity, offering maximum flexibility and efficiency for tenants and owners. With projected market rents of approximately $2,016 per unit, this property delivers a strong return and excellent cap rate potential.
Additional upgrades include a new hot water heater, two brand-new A/C condensers, and off-street parking — all in a high-demand location just minutes from the CBD, French Quarter, major interstates, and the best of New Orleans living.
Whether you're looking to live in one unit and lease the other, or add a strong performer to your rental portfolio, 4120-24 Erato Street is a rare find.
Schedule your private showing today and secure this exceptional opportunity before it's gone!
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Laundry Laundry Room
Exterior
Parking Features Off Street
Pool None
Roof Type Shingle
Building
Lot Description City Lot,Rectangular Lot
Foundation Slab
Sewer Public Sewer
Water Public
Others
Special Listing Condition None