Prime 10-Unit Complex in revitalizing Greater 5th Ward area.
Located just east of downtown and in the path of revitalization, this 10-unit complex offers a fantastic investment opportunity. With easy access to the I-10 East frwy, tenants enjoy convenient commutes to downtown and beyond.
The property consists of eight 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, 8 of which have been renovated over the years. Upgrades include countertops, updated tile, new toilets, appliances, and paint throughout.
Major updates include replaced water supply lines, exterior siding, and roof completed in 2017. French drains installed in 2022, 8 electrical panels replaced in 2023, and water heater replaced in 2024. The exterior has been freshly painted, giving the building a clean, attractive look.
With its prime location not in a flood zone and ongoing area improvements, this turn-key property is ready to deliver value and growth potential.
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