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2242 44 State Street
New Orleans, LA 70118

$795,000 - Status: Active
SQFT: 2,367
MLS# 2565741

Rare opportunity to own a HIGH INCOME PRODUCING property set on an Uptown historic street CANOPIED by LIVE OAK TREES! Generating $7,500 A MONTH OF REVENUE this updated duplex is an ideal investment in a PRIME location & coveted Flood Zone X. Major capital improvements include ~ 3-YEAR OLD ROOF (2023), NEW under house ~15 ft sewer line (2021) & FOUNDATION work (2022), HWH 2026. Both units come FULLY EQUIPPED w/stainless steel appliances (dishwashers, microwaves, stoves, refrigerators) & IN-UNIT washers & dryers! Charming FLOOR TO CEILING front windows fill the home with plenty of natural light, offering a stunning glimpse of the elegant CRYSTAL chandelier illuminating the upstairs foyer w/original wood floors, faux brick fireplace, beautiful cabinetry, stunning granite counters & BAR ISLAND SEATING. The downstairs unit features vinyl flooring & windows, and a RENOVATED kitchen w/white shaker cabinets, black granite counters & large stainless-steel sink. Spanning STREET-TO-STREET, this oversized lot boasts a spacious fenced-in yard with rear access and DUAL ENTRY PARKING?accommodating approximately 5 vehicles across both front & rear spaces via direct access from State Street or Magnolia Street. TWO of 4 bathrooms are NEW additions & only 2 years old w/OVERSIZED walk-in showers. 3rd bath is renovated with MARBLE basketweave floor tile & white SUBWAY tub tiles. Each unit enjoys direct access to its own private outdoor space, featuring an expansive upper WOODEN DECK & COVERED PATIO below, all opening up to a large, shared yard & storage shed. Only 3 BLOCKS TO Tulane University, 0.5 mile to STREETCAR stop 0.7 mile to AUDUBON PARK, 0.9 mile to TRADER JOE'S, near amazing restaurants & more! Tenant occupied: ALL appointments require a minimum 24-hour notice through ShowingTime. Offer MUST include provided verbiage in agent remarks stating Buyer agrees to ASSUME the current leases at closing. Accepted offer based on the attached Property Disclosure & reports (total 67 pgs).

Property Features

MLS#: 2565741
Zip: 70118
Subdivision:
Development:
Property Type: Multi Unit - Multiple
Number of Units: 2
Cooling: Central Air
Days on Site: 14
Fenced: Yes
Heating: Central
Home Style: Duplex, Traditional
Lot Size:
Roof Type: Shingle
Stories: 2.0
Year Built: 1938

Feature Descriptions

Exterior: Wood Siding
Exterior Features: Fence, Porch
Laundry: Inside
Lot Description: City Lot, Rectangular Lot
Lot Dimensions: 30 x 148.1/149.4
Parking: Driveway, Off Street, Three or more Spaces
Patio/Porch: Porch
Property Condition: Very Good Condition
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

High School: Ursuline
Middle School: Newman
Elementary School: The Willow

2242 44 State Street | MLS# 2565741

This multi-family property located at 2242 44 State Street, New Orleans, LA 70118 is currently listed for sale with an asking price of $795,000. Search New Orleans real estate on www.riccire.com today.

Listed By / Shown By

Listed By

Agency Name: Homesmart Realty South
Agency Phone: (504) 908-7653

Shown By

Agency Title: Ricci Real Estate
Agency Phone: (504) 372-0050

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