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LA > New Orleans
New Orleans, LA 70114,3 SHEPARD CT
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New Orleans, LA 70114,3 SHEPARD CT
New Orleans, LA 70114,3 SHEPARD CT
New Orleans, LA 70114,3 SHEPARD CT
New Orleans, LA 70114,3 SHEPARD CT
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Joey Walker

Joey Walker

+1(504) 610-5637
$ 259,000
Est. payment /mo
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Active

3 SHEPARD CT New Orleans, LA 70114

6 Beds

3 Baths

2,580 SqFt

UPDATED:

09/30/2024 05:29 PM

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,580 sqft

Price per Sqft $100

MLS Listing ID 2461163

Bedrooms 6

Full Baths 2

Half Baths 2

Construction Status Very Good Condition

HOA Y/N No

Year Built 1940

Property Description

Pictures of all portfolio properties are featured in this listing. Thank you for viewing, please read entire public remarks. This amazing townhouse style double located on a quiet cul-de-sac street in a convenient area of Algiers in an X flood zone. The interior has been updated and well maintained with features including all electric, no carpet, and very spacious rooms. Each side has 3 bedrooms and 1.5 bathrooms with downstairs having all tile floors for easy upkeep. There is a patio in back and balcony in the front of the upstairs bedroom. Shepard Ct. is conveniently located for easy access to the greater New Orleans area. Both sides are leased and is part of an amazing investment portfolio opportunity generating $259,000 annually. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Each property has been meticulously renovated, offering a turnkey investment opportunity. Offered at $3.5 million, this portfolio represents a rare opportunity in a thriving market. Prospective buyers must sign a confidentiality agreement and provide proof of funds or bank approval. Although measurements are deemed reliable, they are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence. This profitable rental portfolio consisting of 2 doubles, 1 single family, 1 four-plex, and 3 fully furnished single family corporate rental properties.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Balcony

Garage Driveway

Pool None

Water Access Desc Public

Roof Type Shingle

Porch Balcony

Parking Type Driveway

Building

Lot Description City Lot, Rectangular Lot

Dwelling Type Townhouse

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 701143SHEPARDCT3A

Special Listing Condition None

Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by WEICHERT, REALTORS - Prestige Homes

Joey Walker

Sponsoring Broker | License ID: 995699523

+1(504) 610-5637

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3 SHEPARD CT