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