701 Gordon St, New Orleans, LA 70117

Description

LET'S TALK NUMBERS! If you are a yield-driven investor searching for a defensive, cash-flowing asset in the historic Holy Cross area, your opportunity has arrived to own this low-maintenance all brick double on a solid slab foundation with a new roof. Current FEMA maps indicate the dwelling is located in a preferred Flood Zone X which helps maximize your ROI from day one. Picture a fully stabilized scenario where this "Power-HOUSE" is locked into a government-backed Section 8 ceiling of approximately $2,600 per month. With low overhead expenses, your net operating income has nice potential. Each 2Bd/1BA unit features high-demand features like a private driveway and its own backyard. One side is occupied for immediate cash flow so you can optimize the vacant unit to its full potential. Don't just look at today's numbers- check out the pro-forma metrics (Run the Numbers) and see how this property secures your portfolio's yield. Present your offer today!