5624-5626 Annunciation Street

New Orleans, LA 70115

Whether you're an investor or interested in house hacking, bring your vision to this well kept 3 unit home in a phenomenal location. The exterior of the house is in great shape with durable vinyl siding and a new roof in 2021. One of the downstairs, one bedroom units has been tenant occupied for six years and is rented well under market. That unit was updated with laminate flooring and a kitchen and bath refresh prior to the current tenant moving in. The lease is month to month. The second downstairs one bedroom unit has original hardwoods, a great layout, is move in ready, but could be refreshed with cosmetic updates. The upstairs unit is well kept but needs cosmetic updates and new HVAC. Seller will give a $10,000 credit for a new HVAC system. There are original hardwood floors under the bamboo and the ceiling has been dropped so there is potential to raise it to its original height. The kitchen and bathrooms are a blast from the past but fully functional as is. There is plenty of closet space throughout the house, a large shared laundry room at the rear of the house, garage space that could be transformed into additional living space, and a driveway. The house is steps to Frankie and Johnny's, just a few blocks to Whole Foods and a great stretch of dining on Magazine Street, and a few blocks to Clancy's and the Alma Peters Playspot for kids. The house is listed well under the appraised value and is priced to move! Tenant occupied unit will only be shown with an accepted offer. Seller is licensed with the Louisiana Real Estate Commission.

This is an Active listing.

Broker Office Phone Number: 504-862-0100

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