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    1722 Hermosa St New Orleans, LA 70114

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    For Sale
    $185,000

    Double in Algiers with potential for income-producing rentals.

    Property size:
    1,925 SF
    Lot size:
    0.14 Acres

    Property Features for 1722 Hermosa St

    General Information

    Size
    1,925 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1940

    Source: Keller Williams Realty Crescent City Westbank Partners Agent Clendon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Algiers Double with Income Potential

    Located on Hermosa Street in Algiers, this double offers potential for investors. Each side features a New Orleans shotgun layout, front porch entries, tall ceilings, and original wood floors, complemented by natural light. The property requires renovation, presenting opportunities to create two income-producing rentals, renovate and occupy one side while renting the other, or redesign as a single-family residence. Situated on a spacious lot with mature trees, the backyard has the potential to be transformed into an outdoor living or entertaining space. The property is located minutes from the Crescent City Connection, providing convenient access to downtown, shopping, and dining. The property size is 1925 square feet.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0487092
    Latitude
    29.937587

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    FAQs

    What type of property is this?
    Duplex - Double in Algiers with potential for income-producing rentals.
    Where is this duplex located?
    The property is located at 1722 Hermosa St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Great investment opportunity with potential for income generation.; - Double shotgun layout offers flexible options: rental income, owner-occupied with rental, or single-family conversion.; - Classic New Orleans architectural details: **front porch entries, tall ceilings, original wood floors, and natural light.**
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1722 Hermosa St New Orleans, LA 70114
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