2835-37 Maurepas Street

Description

This beautifully preserved historic shotgun double is located in the vibrant Fairgrounds neighborhood—just blocks from the New Orleans Fair Grounds Race Course and the Jazz Fest grounds! Perfect for an owner-occupant opportunity with rental income, a dedicated income-producing property, or a charming second home, this property delivers flexibility and classic New Orleans charm.Cash-flowing property even at today's rates! Units have always leased extremely quickly with multiple applications. Current market rental rates have gross rent potential of at least $2750 / month!Features include 12 ft ceilings, original hardwood floors, and mantelpieces full of historic character. Two spacious bedrooms, one full bath, and a traditional shotgun layout. Updates in 2020 include a complete re-wiring and updating of electrical system, updated plumbing, light fixtures throughout, kitchens, and bathroom fixtures, cosmetic updates throughout, and more. Private, fenced rear yard space perfect for entertaining or relaxing while you listen to Jazz Fest from your covered porch. A rear storage shed houses the washer and dryer. Located in the historic district of Esplanade Ridge, walk or bike to Bayou St. John, City Park, Esplanade Avenue, and some of the city’s best local bars and eateries. X flood zone. Don't miss this chance to own a piece of New Orleans history in one of the city's most desirable neighborhoods!Agent is a former owner of the property.