This Crescent City triplex offers a compelling investment opportunity with immediate income and future upside. Two of the three units are currently occupied, generating $2,600 per month in rental income, providing a strong foundation for cash flow from day one. The property includes two spacious two-bedroom, two-bath units and an additional one-bedroom, one-bath unit that is unfinished, allowing for value-add potential through renovation.
Situated in a quiet neighborhood with convenient access to local amenities, schools, and major routes, this property combines stability with growth potential. Two garages and ample space on the lot add to its functionality and tenant appeal. Whether you are an experienced investor or seeking your first multi-unit property, this asset offers both current returns and the opportunity to increase income through improvements.
Gross income of $2,600 per month. Cap rate estimated.