About 3445 Magnolia Street
Turnkey Income-Producing Property | Renovated in 2015
This fully renovated and well-maintained multi-unit property is a fantastic income-producing opportunity in the heart of Central City. Updated in 2015, the home features a smart and functional layout, including a spacious owner's unit on the ground floor with three bedrooms and high-end finishes throughout.
The upper level includes two additional rental units, all designed for comfort and efficiency. The total rental income is currently $2,800 per month, with long-term tenants in place. The thoughtfully designed floor plan and high-quality renovation make this a great choice for both investors and owner-occupants alike.
Whether you're looking to live on-site while generating steady rental income or expand your real estate portfolio, this turnkey property is ready to perform.
Features of 3445 Magnolia Street
| MLS® # | 2505051 |
|---|---|
| Price | $699,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,100 |
| Acres | 0.00 |
| Year Built | 1939 |
| Type | Multi-Family |
| Sub-Type | Traditional, Triplex |
| Status | Active |
Community Information
| Address | 3445 Magnolia Street |
|---|---|
| City | New Orleans |
| County | Orleans |
| State | Louisiana |
| Zip Code | 70115 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | In Ground |
Interior
| Heating | Central, Multiple Heating Units |
|---|---|
| Cooling | CentralAir,ThreeOrMoreUnits |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Frame, HardiPlank Type |
|---|---|
| Exterior Features | Courtyard |
| Lot Description | Corner Lot, City Lot, Rectangular Lot |
| Roof | Shingle |
| Construction | Frame, HardiPlank Type |
| Foundation | Raised, Slab |
Additional Information
| Days on Market | 142 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
| Listing Provided By | Keller Williams Realty New Orleans |