Property Description:
Algiers Investor Special!
This 3-bedroom, 1-bathroom Algiers property is your next income generator. Located in an X flood zone, it has approximately 1300 sq ft of space and currently rents for $1,200 per month.
A recent Abbott Price property analysis indicates a potential rental income of $1,400/m after upgrades and an est. ARV of $185,000.
The property has recently been upgraded, including a new roof, central AC, and gutters. It also features washer and dryer hookups.
INVESTMENT HIGHLIGHTS:
New roof, central AC, and gutters
Washer/dryer hookups
Just 2 miles from Historic Algiers Point, featuring ferry service and amenities
New construction and flips nearby
Easy access to Highway 90, CBD, and French Quarter
Nearby Schools in the area include LB Landry High School, Delgado Community College, and Harriet Tubman Charter School