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Michael A. Newcomer

michael@reverealtors.com +1(504) 321-1654

Listed byCompass Uptown • Samantha Bach • 504-866-2785

$ 650,000

Est. payment -/mo

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359 Phosphor AVE Metairie, LA 70005

3 Beds

3 Baths

1,917 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,917 sqft

Price per Sqft $339

Subdivision Bonnabel Place

MLS Listing ID 200QVP

Style Traditional

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1952

Lot Size 5,000 Sqft

Acres 0.12

Lot Dimensions 50x100

Property Sub-Type Single Family Residence

Source ROAM MLS

Land Area 2802

Property Description

RARE OLD METAIRIE OPPORTUNITY, TWO SEPARATE RESIDENCES WITH ESTABLISHED RENTAL INCOME! Located on a desirable corner lot in the heart of Old Metairie, this distinctive property offers a renovated 3 bedroom, 3 full bathroom main residence plus a separate two-story, 1 bedroom, 2 full bathroom income producing residence! Offering approximately 1,917 square feet of combined living area, the property provides an appealing combination of comfortable living, flexible accommodations and rental income. The renovated main home features spacious living and dining areas, three bedrooms, three full bathrooms and opportunities for buyers to personalize the finishing touches. The approximately 753 square foot rear residence features its own kitchen, two full bathrooms and independent electric meter. This fully furnished dwelling is currently rented month-to-month for $1,800, representing $21,600 in annual gross rental income at the current rate. Imagine owning your home in Old Metairie while receiving supplemental rental income from a separate residence! The arrangement also offers potential flexibility for extended family or other permitted residential uses. Conveniently located near Metairie Road's restaurants, boutiques and neighborhood amenities, This property offers an opportunity to enjoy one of the area's most desirable locations.Two residences, separate addresses and electric meters, five full bathrooms, and established rental income- all on one Old Metairie property!

Location

State LA

County Jefferson

Community Bonnabel Place

Area 0.12

Direction Heading west on Metairie Rd- right on Codifer, right on Phosphor and down two blocks.

Interior

Cooling Ceiling Fan(s), Central Air, Window Unit(s)

Flooring Laminate, Tile

Fireplaces Number 1

Fireplaces Type Gas, Other

Fireplace Yes

Appliance Dryer, Washer, Dishwasher

Exterior

Parking Features Driveway

Garage Spaces 2.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Internet Connected

Total Parking Spaces 2

Garage No

Building

Lot Description Corner Lot

Story One

Water Public

Architectural Style Traditional

New Construction No

Others

Senior Community No

Tax ID 0-82-0028085

Virtual Tour https://www.propertypanorama.com/instaview/roam/200QVP

Michael A. Newcomer

Rêve | Realtor License ID: 0995690912

+1(504) 321-1654

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Michael A. Newcomer

359 Phosphor AVE Metairie, LA 70005

Key Details

Location

Interior

Exterior

Building

Others

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359 Phosphor AVE