Property Description:
Unlock the potential of this exceptional investment property on Marigny St in the vibrant city of New Orleans. Ideal for BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategies or as a lucrative rental investment, this property boasts robust income potential and promising appreciation opportunities.Property Details:
Bedrooms: 4
Bathrooms: 2
Square Footage: 1,200 sq ft
Year Built: 1930
Current Rent: $1,600/month (17-year tenant on lease)
Proximity: Just 5 minutes from the bustling French Quarter.
**Immediate Cash Flow:** Enjoy steady rental income with a reliable long-term tenant already in place.
**Value Appreciation:** Unlock significant appreciation potential with strategic updates and repairs.
**Strategic Location:** Situated in a prime, highly desirable area, ensuring consistent rental demand and property value growth.
Don’t miss this exceptional investment opportunity in New Orleans. Secure a property with robust rental income and substantial appreciation potential today!
**Contact us now for more details**
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. We may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. We do not give the right to market this property without our written consent. Realtors give us a call.