New Orleans Double (Duplex) For Sale

[Kelli Bristol]

Price: $144,000

Rents: $1630 per month

Insurance: $2300 per year (actual)

Tax: $598 per year (actual)

Water: $140 per month (estimated average)

This Rehabbed Historic "Raised Double" is in a non-flood area of New Orleans' West Bank call Algiers Point. The current contract for $144K isn't looking good due to the buyers financing so it will be back on the market this week. Located in a historic district, it was once home to a jazz musician that started the famous Preservation Hall. The numbers work. The tenants on one side are paying $830 per month via electronic deposit from a pension. The other side was getting $800 but was vacated for the current buyer to move in. I can rent it out again easily. Let me know if you want more info.