2204 PAUGER Street New Orleans, LA 70116
Multi-Family (2-4 Units)
MLS #: 2483475
Courtesy Of Nola Home Realty Group
$499,000
2,454 sq ft
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Estimated monthly payments:
$2,181/mo.* (recalculate)
Property InformationDescription
Welcome to your newest income producing opportunity in the heart of New Marigny! This stunning, newly-built duplex promises both comfort and profitability in one of New Orleans' most vibrant neighborhoods. Boasting an unbeatable location within walking distance to the iconic French Quarter and just moments away from downtown, the CBD, and Metairie, convenience is at your doorstep.
Step inside each unit to discover a modern oasis, complete with open living spaces adorned with sleek granite countertops, elegant flooring, and beautiful, NEW appliances. With three spacious bedrooms and two lovely full bathrooms in each unit, tenants will relish in the comfort and style of their new home.
Outside, a generously sized backyard awaits, perfect for gatherings and outdoor entertaining.
Experience the benefits of owner-occupancy by residing in one unit while the rental income from the other covers a substantial portion of your mortgage. Alternatively, seize the opportunity for a hassle-free investment by renting out both sides. 3 Bedroom units in this area rent for about $2000 per month. Currently the downstairs unit is rented for $1850.
Enjoy peace of mind knowing that everything is new, resulting in lower insurance rates and minimal maintenance. Plus, with the property located in an "X" flood zone, rest assured knowing you'll benefit from reduced flood insurance rates.
Don't miss out on this prime opportunity to own a turnkey income-producing property in one of New Orleans' most sought-after neighborhoods. Schedule your viewing today and start reaping the rewards of real estate investment!
Step inside each unit to discover a modern oasis, complete with open living spaces adorned with sleek granite countertops, elegant flooring, and beautiful, NEW appliances. With three spacious bedrooms and two lovely full bathrooms in each unit, tenants will relish in the comfort and style of their new home.
Outside, a generously sized backyard awaits, perfect for gatherings and outdoor entertaining.
Experience the benefits of owner-occupancy by residing in one unit while the rental income from the other covers a substantial portion of your mortgage. Alternatively, seize the opportunity for a hassle-free investment by renting out both sides. 3 Bedroom units in this area rent for about $2000 per month. Currently the downstairs unit is rented for $1850.
Enjoy peace of mind knowing that everything is new, resulting in lower insurance rates and minimal maintenance. Plus, with the property located in an "X" flood zone, rest assured knowing you'll benefit from reduced flood insurance rates.
Don't miss out on this prime opportunity to own a turnkey income-producing property in one of New Orleans' most sought-after neighborhoods. Schedule your viewing today and start reaping the rewards of real estate investment!
Features
- Amenities: Dock, Porch
- Architecture Style: New Traditional
- Heating System: Central Furnace
MAP & DIRECTIONS
School Information
2204 PAUGER Street, New Orleans, LA 70116
Elementary School
Grades PK-8 |
Public School
MARY BETHUNE ELEMENTARY LITERATURE/TECHNOLOGY
New Orleans, LA 70122
2401 Humanity St
504.324.7076
Distance: 1.4 mi
School Rating
C
Student:Teacher Ratio
20:1
Total Students
711
Elementary School
Grades PK-8 |
Public School
BENJAMIN FRANKLIN ELEMENTARY MATH AND SCIENCE
New Orleans, LA 70122
6101 Chatham Dr
504.304.3932
Distance: 4.9 mi
School Rating
C
Student:Teacher Ratio
22:1
Total Students
751
Middle School
Grades PK-8 |
Public School
MARY BETHUNE ELEMENTARY LITERATURE/TECHNOLOGY
New Orleans, LA 70122
2401 Humanity St
504.324.7076
Distance: 1.4 mi
School Rating
C
Student:Teacher Ratio
20:1
Total Students
711
Middle School
Grades PK-8 |
Public School
BENJAMIN FRANKLIN ELEMENTARY MATH AND SCIENCE
New Orleans, LA 70122
6101 Chatham Dr
504.304.3932
Distance: 4.9 mi
School Rating
C
Student:Teacher Ratio
22:1
Total Students
751
High School
Grades 9-12 |
Public School
MCDONOGH #35 COLLEGE PREPARATORY SCHOOL
New Orleans, LA 70122
4000 Cadillac St
504.324.7600
Distance: 2.2 mi
School Rating
B
Student:Teacher Ratio
11:1
Total Students
129
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Kipp Leadership | 0.5 mi | Public | KG-8 | C |
| Mcdonogh 42 Charter School | 0.7 mi | Public | PK-8 | D- |
| Homer A. Plessy Community School | 0.8 mi | Public | PK-8 | |
| Life Of Christ Christian Academy | 0.8 mi | Private | KG-12 | |
| St Augustine High School | 0.9 mi | Private | 8-12 | |
| Bricolage Academy | 0.9 mi | Public | PK-7 | C+ |
| New Orleans Center For Creative Arts | 0.9 mi | Public | 9-12 | |
| Encore Academy | 1.0 mi | Public | PK-8 | C- |
| Phillis Wheatley Community School | 1.1 mi | Public | PK-8 | C |
| The Good Shepherd Nativity Mission School | 1.1 mi | Private | PK-7 | |
| St Leo The Great School | 1.3 mi | Private | PK-7 | |
| Foundation Preparatory Academy | 1.5 mi | Public | KG-5 | |
| Arise Academy | 1.5 mi | Public | KG-8 | |
| Kipp Renaissance | 1.5 mi | Public | 9-12 | B- |
| Langston Hughes Charter Academy | 1.6 mi | Public | PK-8 | C |
| New Harmony High Institute | 1.7 mi | Public | 9-12 | C |
| Akili Academy Of New Orleans | 1.7 mi | Public | KG-8 | C- |
| Cabrini High School | 1.7 mi | Private | 8-12 | |
| Warren Easton Charter High School | 1.8 mi | Public | 9-12 | C- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
New Orleans, LA 70116
| Median Age: | 44.7 |
|---|---|
| Married: | 15% |
| Number of Households: | 5,761 |
| Households with Children: | 7.7% |
New Orleans, LA 70116
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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