2441 Mercedes Blvd, New Orleans, LA 70114

$479,000
5
BD
5
BA
2,750
SqFt

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List Price
$479,000
Status
ACTIVE
MLS#
2573275
Bedrooms
5
Bathrooms
5
Half-baths
1
Full-baths
4
Living Area
2,750
Acres
0.26
Year Built
1980
Parish
Orleans

Property Description

INVESTMENT OPPORTUNITY WITH FLEXIBLE INCOME POTENTIAL! This updated residential property offers a unique setup for homeowners and investors alike. Currently utilized as a room-share rental with existing tenants, the property provides multiple possibilities for generating income while also offering the flexibility to convert back to a single-family residence.The main home features an updated interior, a roof approximately 4 years old, and a convenient horseshoe driveway providing ample access and parking. An added bonus is the detached shed that has been converted into a private studio complete with its own bathroom and kitchenette—great for guest accommodations, a private workspace, or additional rental potential.Located in an X flood zone, this property may also offer potential for short-term rental/Airbnb use, subject to applicable local regulations and permitting. Whether you're looking to expand your rental portfolio, explore a house-hacking opportunity, or purchase a home with flexible living spaces, this property offers plenty of possibilities.A versatile property with multiple spaces and income-producing potential—schedule your private showing today!

Additional Information

Style
Traditional
Cooling
Central Air, Ceiling Fan(s)
Heating
Central
Appliances
Dishwasher, Range, Oven

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Calculator source: Real Geeks

Courtesy of ARMSTRONG REALTY

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