$425,000
For Sale

3738 SOMERSET DRIVE

New Orleans, LA 70131
2247 sqft | 4 beds | 2 baths | 0.20 acres | #2461653
Browse 43 photos
Type:Purchase
Structure:House
Zone:Residential

Description

For your convenience, portfolio picutures are included for #MLS2461661, MLS#2461161, MLS# 2461163, MLS#2461658, MLS#2461660, MLS#2461662. Thank for viewing, please read full public remarks. This charming single-family home is nestled in the Old Aurora neighborhood. Built in 1960, this beautiful renovation features a spacious layout with approximately 2,200 square feet of living area including 4 bedrooms, 2 full bathrooms, and is being sold fully furnished! Features include stainless steel appliances, granite countertops, and a sunroom with a bar for entertaining. Sitting on a generous lot size of 8,703 square feet, it offers ample outdoor space for any type of gathering. Its location in the historic and vibrant Old Aurora neighborhood combines the tranquility of suburban living with convenient access to the rich cultural and social amenities of New Orleans. This charming house is a great opportunity for families or groups, offering an unbeatable location and plenty of amenities. Just two miles from Wal-Mart and a mere 0.2 miles from Lakewood Golf Course, it provides convenience and leisure right at your doorstep. Central New Orleans is easily accessible, being only 6.4 miles or a 10-minute drive, Uber, or ferry ride away. This exceptional rental portfolio, priced at $3.5 million, offers a diverse and profitable investment opportunity. All properties in the portfolio have been recently renovated, ensuring they are in excellent condition and ready for continued or expanded rental use. The sale includes the transfer of all future bookings, providing immediate income to the new owner. Included are 2 doubles, 1 single family, 1 four-plex, and 3 fully furnished single family corporate rental properties with incomes ranging from $259,000 annually with the potential to rise to approximately $512,000 when optimizing the corporate rentals and rental adjustments. Must sign confidentiality form and show proof of funds or bank approval.

  • Property Details
      • InteriorCeilingFans, StainlessSteelAppliances, CableTv
      • Lot DescriptionCityLot, OversizedLot
      • SubdivisionAurora Gardens
      • StyleTraditional
      • Sewer InformationPublicSewer
      • Property ConditionExcellent
      • Property TypePurchase
      • Original List Price$425,000
      • Property SubtypeDetached
      • CountyOrleans
      • MLS #2461653
      • MLS #2461653
      • Acres0.1998
      • Utility SourcePublic
      • Cost425000
      • Exterior MaterialsFence
      • Square Feet2247
      • Year Built1962
      • FoundationSlab
      • Bedrooms4
      • Bathrooms2
      • Full Baths2

Location

Christian Perez | Star RealtyReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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