Address
4401 Woodland Drive, New Orleans, LA
Price
$ 549,900
Property Attributes
  • MLS#2429722
  • TypeMulti-Family
  • ParishORLEANS
  • CityNew Orleans
  • NeighborhoodTall Timbers
  • Zip70131
  • StyleTraditional
  • Price$ 549,900
  • Bedrooms12
  • Full Bathrooms8
  • Half Bathrooms1
  • Sqr Footage4802
Data Source:
Gulf South Real Estate Information Network
Property Description

This AMAZING fourplex in Algiers area- an New Orleans GEM. Comprising four spacious units, Totaling 12 bedrooms and 8.5 bathrooms this property offers tenants comfortable and roomy living spaces. Beyond its inviting interiors, this home has additional features that make it a standout investment; the lively front porch and backyard provide perfect spots for hosting gatherings and unwinding outdoors. The property has been thoughtfully updated with new floors, a fresh fence, and a relatively new roof. At FULL OCCUPANCY, this fourplex collects a total of $6,238 monthly rent from all four units. This consistent stream of rental income ensures a great investment with great potential. Whether you're a seasoned investor or a first-time buyer seeking a smart real estate venture, this fourplex ticks all the boxes for a successful and profitable investment. This property is not missed with its prime location and substantial rental income. Don't let this investment opportunity slip through your fingers. REACH OUT TODAY to schedule a viewing or to learn more!! It's an investment that promises both financial security and growth potential.

Price History
1/13/2024 Listed $549,900

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Architectural Style Traditional
Construction Materials Brick
Year Built 1964
Tenant Pays Electricity,Gas
Stories 2
Levels Two
Property SubType Quadruplex
OwnerPays Water
County Orleans
Property Type Residential Income
Subdivision Name Tall Timbers
Status Active
City New Orleans
Total Units 4
Street Name WOODLAND
Year Built Details 60
Property Condition Excellent,Repairs Cosmetic,Resale
Days on Market 31
Standard Status Active
Property Sub Type Additional Quadruplex
PostalCity New Orleans

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 8
Half Baths 1
Street Suffix Drive
Total Bedrooms 12
LivingAreaSource Assessor

Exterior Features

Parking Features Off Street
Lot Features Corner Lot,City Lot
Water Source Public
Foundation Details Slab
Lot Dimensions 32x118

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 70131

Price
AVG $550K
$550K
Visits
AVG 176
175
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1964