3 Shepard Court

Description

This amazing townhouse style double is located on a quiet cul-de-sac street in a convenient area of Algiers in an X flood zone. Unit A has just been completely and Unit B is 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. Each side has an outdoor laundry room in a separate storage closet. Shepard Ct. is conveniently located for easy access to the greater New Orleans area. Rental income is currently $2800 per month with room to increase. This income producing double is part of an amazing investment portfolio of 7 Assets generating $272,400 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. Offered at $2.8 million, this portfolio represents a rare opportunity in a thriving market. 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 consists of 2 doubles, 1 single family, 1 four-plex, and 3 fully furnished single family corporate rental properties .Other properties addresses in the portfolio are: 1831 S. Dupre, 1831 N. Miro, 3738 Somerset, 503 Wright, 6226 Lafaye, 8002 Trapier $2.8M total