Unique duplex investment opportunity in Carondelet neighborhood. Both units vacant after tenant fire, but large 4 car, extra-tall and extra-deep garage (with alarm system) currently rented for $550 per month!
Market rents for 2 bed/ 1 bath in this area are upwards of $750/mo NET! At this price, you can make your finance payments off the garage rent ALONE and renovate the existing units in your own time. When finished, this property should bring in nearly $2,000 a month NET after taxes, insurance, and Sewer.
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