LA > New Orleans
New Orleans, LA 70119,1516 GENTILLY BLVD
New Orleans, LA 70119,1516 GENTILLY BLVD
New Orleans, LA 70119,1516 GENTILLY BLVD
New Orleans, LA 70119,1516 GENTILLY BLVD
New Orleans, LA 70119,1516 GENTILLY BLVD
New Orleans, LA 70119,1516 GENTILLY BLVD
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Blake Fowler

Blake Fowler

+1(225) 335-6879
$ 350,000
Est. payment | /mo

4 Beds

3 Baths

1,904 SqFt

Save
$ 350,000
Est. payment | /mo
Save

4 Beds

3 Baths

1,904 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,904 sqft

Price per Sqft $183

MLS Listing ID 2532295

Style Cottage

Bedrooms 4

Full Baths 3

Construction Status Very Good Condition

HOA Y/N No

Year Built 1946

Lot Size 3,131 Sqft

Acres 0.0719

Property Sub-Type Duplex

Property Description

This Fairgrounds investment opportunity offers two dedicated units, 4 total bedrooms, 3 total baths, and 1,904 square feet of flexible income producing space in one of New Orleans most walkable and sought after locations. The downstairs unit features 3 bedrooms and 2 full baths, while the upstairs flat functions as a private 1 bedroom, 1 bath apartment with its own rear entrance and is currently leased for 1,100 dollars per month. Whether you hold both units as rentals or live downstairs while the upper flat offsets your mortgage, the income potential is already built in. The main level blends classic New Orleans character with comfortable living. Original wood floors, tall ceilings, and natural light set the tone as you step into a large living room that flows into the dining space. The kitchen offers solid wood cabinetry and a layout ready for your personal upgrades. Three bedrooms make the downstairs unit ideal for long term tenants, short term uses, or an owner occupant setup. Two full baths and a convenient laundry area complete the main level. The upper unit adds true investment value. A separate exterior staircase leads to a bright studio style apartment with its own kitchen, living and sleeping area, and a full bath featuring a clawfoot tub. With steady demand in this area, this unit continues to be a reliable source of income. Outside, the fenced yard and the screened front porch give both units enjoyable outdoor space and that signature neighborhood charm the Fairgrounds area is known for. Located just steps from the Fairgrounds and minutes from Bayou St. John, City Park, coffee shops, restaurants, and local markets, this property sits in a high demand rental zone where opportunities like this rarely come available. Homes with built in income, flexible layouts, and this kind of location do not stay long. Schedule your showing today and explore what this multi family property can add to your portfolio.

Location

State LA

County Orleans

Interior

Heating Central, Window Unit

Cooling Central Air, Window Unit(s)

Fireplace No

Exterior

Exterior Feature Enclosed Porch, Fence

Parking Features None

Water Access Desc Public

Roof Type Shingle

Porch Porch, Screened

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Cottage

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 37W300802

Special Listing Condition None

Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Keller Williams Realty Services
Blake Fowler

+1(225) 335-6879

blake@exitrealtybr.com

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1516 GENTILLY BLVD

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