Investor special with exceptional potential! Located in the established Milneburg/Gentilly neighborhood, this approximately 3,048 living sq. ft. duplex has been gutted to the studs, providing a blank canvas for your next project. Whether you're looking to restore it as an income-producing duplex, convert it into a spacious single-family residence, create a multi-generational home, or renovate for resale, the possibilities are endless. The property offers solid bones and retains its original footprint, allowing investors and contractors to focus on rebuilding rather than demolition. Situated on a generous lot, the property also features a spacious backyard and ample off-street parking for five or more vehicles, with additional space for a boat, trailer, or future outdoor entertaining area. Conveniently located with easy access to the University of New Orleans, Dillard University, Lake Pontchartrain, City Park, I-10, shopping, restaurants, and downtown New Orleans, this property combines a desirable location with incredible upside. Whether your vision is to maximize rental income or create a stunning single-family home, this property offers the flexibility to make it happen. An excellent opportunity for investors, builders, or buyers ready to transform a property with tremendous potential.
Listed By
Agency Name: McCarthy Group REALTORS
Agency Phone: (504) 322-7337
Shown By
Agency Title: Ricci Real Estate
Agency Phone: (504) 372-0050
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5415 Elysian Fields Avenue , New Orleans, LA 70122.
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5415 Elysian Fields Avenue , New Orleans, LA 70122.
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5415 Elysian Fields Avenue | MLS# 2570872
This multi-family property located at 5415 Elysian Fields Avenue , New Orleans, LA 70122 is currently listed for sale with an asking price of $74,950. Search New Orleans real estate on www.riccire.com today.