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20
Photos
503 WRIGHT Avenue, Terrytown, LA 70056
$289,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
2,400
sqft
Built in
1975
Thank you for viewing! You will also be able to see other portfolio pictures in this listing. Please read the entire public remarks...This lovely 3 bedroom/ 2 full bath home has approximately 1990 sq ft of living area not to mention an attached 2 car garage. The house has a large primary suite with 1 spacious walk-in closet and 1 additional closet, full bathroom and cozy sitting area. The home also includes separate living and dining rooms, and furnished kitchen. This house is currently leased and in excellent condition and comes with hard wood floors, ceramic tiles and laminate. Spacious backyard for outside enjoyment, with a fabulous covered patio, and storage shed. This profitable rental portfolio in New Orleans includes 2 doubles, 1 single-family home, 1 four-plex, and 3 fully furnished single-family corporate rental properties, collectively generating a minimum annual income of $259,000. Nestled in a city renowned for its jazz music, vibrant festivals, creole cuisine, and rich culture, these properties offer immense potential. 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. Each property has been meticulously renovated, offering a turnkey investment opportunity. Offered at $3.5 million, this portfolio represents a rare opportunity in a thriving market. Prospective buyers must sign a confidentiality agreement and provide proof of funds or bank approval. Although measurements are deemed reliable, they are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence.
Features & Amenities
Interior
- General:
- Ceiling Fans
- Kitchen:
- Dishwasher,Range/Oven,Refrigerator
- Basement:
- Slab: Traditional Found
- A/C:
- Central Air Cool
- Heating:
- Central Heat
Exterior
- General:
- Brick Siding,Wood Siding, Patio: Covered
- Style:
- Traditional Style
Construction
- Roofing:
- Asphalt Comp Shingle Roof
- General:
- Brick Const, 1
Location
- HOA Amenities:
- 15.80 X 11.60
- County:
- JEFFERSON
Lot
- Driveway:
- 2 Cars Park,Attached Park,Garage Park
- Zoning:
- LOT 39-A SQ 73 SEC 1 TERRYTOWN 9849499
- Fencing:
- Other Fence,Wood Fence
Utilities
- Utilities:
- ELEC: Entergy,GAS: Other
- Water:
- Public Sewer,Public Water
- Sewer:
- Public Sewer,Public Water
This listing courtesy of:
WEICHERT, REALTORS - Prestige Homes
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Gretna, LA
Housing
- Number of Units
- 23,282
- Median Home Value
- $188,151
- Median Rent
- $858
47.50% of housing units are renter occupied.
7.42% are vacant.
Commute
- Car
-
85.74%
- Public Transportation
-
2.24%
- Walk to Work
-
1.64%
- Work from Home
-
9.63%
- Other
-
0.42%
The median travel time to work is 26 minutes.
People
- Population
- 57,340
- Median Age
- 37.50
- Median Household Size
- 2.79
Education
- High School
-
32.10%
- Associate’s Degree
-
6.50%
- Bachelor’s Degree
-
15.22%
- Graduate Degree
-
7.74%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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