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8630 Dinkins St 2 Unit Apartment Building Offered at $225,000 New Orleans, LA 70127

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INVESTMENT HIGHLIGHTS

  • Excellent location near Lakefront, hospital, and more
  • Convenient access to New Orleans
  • Quiet residential street with well maintained yards

EXECUTIVE SUMMARY

This 2,386-sf duplex is an excellent investment opportunity located only minutes from the Lakefront, I-10, and Downtown New Orleans. The first unit has four bedrooms and two bathrooms, while the second unit offers two bedrooms and one bathroom. The property features wood and tile flooring (no carpet), a fenced backyard, and a driveway on either side, one of which also includes a carport. This property has two electric meters and one water meter.
Both units are currently leased. Current rent totals $2,400, with potential to reach $3,401 based on 2024 HANO payment standards
Please provide at least 24 to 48 hours’ notice for showing due to tenant occupancy.

PROPERTY FACTS Under Contract

Price $225,000
Price Per Unit $112,500
Sale Type Investment
No. Units 2
Property Type Multifamily
Lot Size 0.14 AC
Building Size 2,386 SF
No. Stories 1
Year Built 1978
Zoning R

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
6+3 2 $2,400 -
  • Listing ID: 33971362

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: 8630 Dinkins St, New Orleans, LA 70127

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