1108 4th Street, Gretna, LA 70053

About this property

Excellent investment opportunity in Gretna! This versatile two-unit property offers multiple income-producing possibilities with two separate buildings, independent driveways, and a spacious backyard. The charming front residence features a covered porch, generous living areas, a fireplace, wood flooring, French doors, and a kitchen with ample cabinetry. The separate two-story rear residence includes additional living space, a kitchen, garage, private exterior access, and its own dedicated driveway completely separate from the front residence. Currently leased for $1,200 per month, the rear unit provides immediate rental income. Each residence is separately metered for electricity and gas, with a shared water meter, making utility management convenient for an investor or owner-occupant. Separate driveways offer added privacy and convenience for occupants, while additional paved areas and a spacious backyard further enhance the property's appeal. Ideal for investors looking to expand their rental portfolio or owner-occupants seeking to offset their mortgage with rental income. BC-1 zoning also provides potential for alternative commercial or mixed-use configurations, subject to municipal approval. Conveniently located near shopping, dining, the courthouse, and major roadways. A unique opportunity to acquire a flexible property with existing income and long-term investment potential!