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  • $259,000

    3 Shepard Ct, New Orleans, LA 70114

    6beds
    2,580sqft
    : 
    Townhouse, Duplex, Multi Family
    Built in 1940
    6,100 Square Feet Lot
    $-- Zestimate®
    $100/sqft
    $-- HOA

    What's special

    Patio in backQuiet cul-de-sac streetBalcony in the frontSeparate storage closetOutdoor laundry roomSpacious roomsTile floors
    This amazing townhouse style double is located on a quiet cul-de-sac street in a convenient area of Algiers in an X flood zone. Unit A has just been completely and Unit B is maintained with features including all electric, no carpet, and very spacious rooms. Each side has 3 bedrooms and 1.5 bathrooms with downstairs having all tile floors for easy upkeep. There is a patio in back and balcony in the front of the upstairs bedroom. Each side has an outdoor laundry room in a separate storage closet. Shepard Ct. is conveniently located for easy access to the greater New Orleans area. Rental income is currently $2800 per month with room to increase. This income producing double is part of an amazing investment portfolio of 7 Assets generating $272,400 annually. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Offered at $2.8 million, this portfolio represents a rare opportunity in a thriving market. Although measurements are deemed reliable, they are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence. This profitable rental portfolio consists of 2 doubles, 1 single family, 1 four-plex, and 3 fully furnished single family corporate rental properties .Other properties addresses in the portfolio are: 1831 S. Dupre, 1831 N. Miro, 3738 Somerset, 503 Wright, 6226 Lafaye, 8002 Trapier $2.8M total
    32 days
    on Zillow
    |
    208
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    22
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    Zillow last checked: 7 hours ago

    Listing updated: May 06, 2025 at 08:39pm

    Listed by:

    Darlene Plaia 504-239-1549,

    WEICHERT, REALTORS - Prestige Homes 504-239-1549

    Source: GSREIN,MLS#: 2461163MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 3 Shepard Ct.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Interior area
    • Total interior livable area: 2,580 sqft

    Property

    Parking
    • Parking features: Driveway
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony
    • Exterior features: Balcony
    • Pool features: None
    Lot
    • Size: 6,100 Square Feet
    • Dimensions: 50 x 122
    • Features: City Lot, Rectangular Lot
    Details
    • Parcel number: 701143SHEPARDCT3A
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Duplex, Multi Family
    Materials
    • Brick, Wood Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Very Good Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: New Orleans

    Financial & listing details

    • Price per square foot: $100/sqft
    • Tax assessed value: $118,400
    • Annual tax amount: $1,679
    • Date on market: 8/19/2024
    • Tenant pays: Electricity, Water
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