8824-26 Spruce Street, New Orleans, LA 70118

8824-26 Spruce Street is a duplex producing $1,800 per month located in the rapidly-growing Leonidas/Carrollton neighborhood, just blocks away from the Carrollton Avenue and S. Claiborne Avenue. Possible FHA/owner occupant. The property is in excellent condition and has major upside potential in rents as the current owner favored maintaining relationships with long term tenants. All of the units are separately metered for water AND electricity. The tenants are responsible for all utilities, which brings down overall costs and greatly enhances the value of the asset.