7040 42 Boston Drive New Orleans, LA ^$ 180,000

7040 42 Boston Drive

^$ 180,000

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7040 42 Boston Drive

New Orleans, LA, 70127

^$ 180,000

Bedrooms8 Baths2.2 Sq 2,800

Monthly Estimate*

^$ 1,196

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7040 42 Boston Drive, New Orleans, LA 70127 - Image 9

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Multi-Family Home for sale in New Orleans, LA

for $180,000 with 8 bedrooms and 2 full baths, 2 half baths. This 2,800 square foot home was built in 1970 on a lot size of 0.1367.

Welcome to a prime income-generating property nestled in the vibrant city of New Orleans. This duplex is an ideal investment for investors. This property features two separate units, each offering 4 bedrooms and 1.5 bathrooms with spacious living areas. The duplex layout ensures privacy for tenants while maximizing rental income for investors. With a proven track record of consistent rental income, this duplex presents an attractive opportunity for immediate cash flow. Schedule a showing today and explore the possibilities of adding this duplex to your investment portfolio.

Multi-Family Active

Price

^$ 180,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

0.1367

Year Built

1970

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2437796

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Shingle

Exterior Features Fence

Architectural Style Traditional

Pool Features None

Construction Materials Brick

Year Built 1970

Tenant Pays Electricity Water

Stories 2

Levels Two

Property SubType Duplex

County Orleans

Property Type Residential Income

Total Rooms 0

Status Active

City New Orleans

Total Units 2

Street Name BOSTON

Home Warranty Y/N 0

Property Condition Average Condition

Days on Market 54

Standard Status Active

Property Sub Type Additional Duplex

Legal Description SQ 4 SOMERSET PARK LOT 17 BOSTON DRIVE 52X115/114 2/S

Exterior

Parking Features Driveway

Lot Features Outside City Limits Rectangular Lot

Water Source Public

Lot Size Area 0.1367

Foundation Details Slab

Lot Dimensions 52X119

Lot Size Acres 0.1367

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Full Baths 2

Half Baths 2

Street Suffix Drive

Total Bedrooms 8

* Excluded Features

List By

Bee Realty

Broker

Karatherealtor627@gmail.com

Affordability Calculator

$1,196

Per Month

Monthly Principal & Interest: $1,196
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in New Orleans, LA

Average List Price ^$520,643

Percent of Sale Price 189%

About New Orleans, LA

392,550 Population

-19% Since 2002

^$41,421 Median Income

36.4 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/18/2024	$180,000	-16.24%	Price Down
3/8/2024	$214,900		Listed Price

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7040 42 Boston Drive, New Orleans, LA, 70127 is a Multi-Family Home for sale at $180,000 with 2,800 sqft and a lot size of 0.1367. 7040 42 Boston Drive has 8 bedrooms, 2.2 baths, and was built in 1970. The property's zip code is 70127 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/25/2024.

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7040 42 Boston Drive

Multi-Family Home for sale in New Orleans, LA

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