Description
Turnkey Investment Opportunity in the Heart of New Orleans!Come see this newly remodeled double featuring two spacious 3-bedroom, 2-bath units with no carpet, fresh paint, and modern finishes throughout. This income-producing property is ideal for both investors and owner-occupants alike.Each unit is separately metered for water and electricity, offering maximum flexibility and efficiency for tenants and owners. With projected market rents of approximately $2,016 per unit, this property delivers a strong return and excellent cap rate potential.Additional upgrades include a new hot water heater, two brand-new A/C condensers, and off-street parking " all in a high-demand location just minutes from the CBD, French Quarter, major interstates, and the best of New Orleans living.Whether you're looking to live in one unit and lease the other, or add a strong performer to your rental portfolio, 4120-24 Erato Street is a rare find.Schedule your private showing today and secure this exceptional opportunity before its gone!
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6BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
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2,250SQFT
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$142$/SQFT
School Ratings & Info
Description
Turnkey Investment Opportunity in the Heart of New Orleans!Come see this newly remodeled double featuring two spacious 3-bedroom, 2-bath units with no carpet, fresh paint, and modern finishes throughout. This income-producing property is ideal for both investors and owner-occupants alike.Each unit is separately metered for water and electricity, offering maximum flexibility and efficiency for tenants and owners. With projected market rents of approximately $2,016 per unit, this property delivers a strong return and excellent cap rate potential.Additional upgrades include a new hot water heater, two brand-new A/C condensers, and off-street parking " all in a high-demand location just minutes from the CBD, French Quarter, major interstates, and the best of New Orleans living.Whether you're looking to live in one unit and lease the other, or add a strong performer to your rental portfolio, 4120-24 Erato Street is a rare find.Schedule your private showing today and secure this exceptional opportunity before its gone!
Related Properties
Broker and Associates are licensed in the State of Louisiana, USA.
Keaty Real Estate, LLC || (337) 235-7770 || Lafayette, LA.
Terms & Conditions
© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keaty Real Estate, LLC. Data last updated: 2025-12-06T23:34:43.303.
Listing courtesy of Gulf South Real Estate Information Network.