1908-10 Broadway Street
New Orleans, LA 70118

6% CAPITALIZATION RATE (see photo)! All major systems replaced when purchased. New wiring throughout, copper pipe installed, new windows, new sewer, central HVAC installed (1908 hvac is only 1.5 yr old), gas has been capped off but available. All systems are electric, better for having tenants. Separate water and electric meters. Central a/c and heat. Tenants responsible for utilities. 1908: lower unit, with larger yard with some grass, 3 beds, 1.5 baths. 1910: upper unit with balcony and private patio in back yard, 3 beds, 1 bath. Outdoor building has a separate laundry for each unit. Both units have all flooring (wood and tile). Kitchens are huge! All rooms are spacious and this is NOT a shotgun. One driveway for off street parking for 2 vehicles (tenants can share the drive). Owner selling to purchase a personal property. Measurements approximate. Owner/agent

Property Features