3738 SOMERSET Drive, New Orleans, LA 70131

HOW DOES 9.3% CAP RATE AND 18.3% PRO FORMA SOUND? For your convenience, portfolio picutures are included for #MLS2461661, MLS#2461161, MLS# 2461163, MLS#2461658, MLS#2461660, MLS#2461662. Thank for viewing, please read full public remarks. This charming single-family home is nestled in the Old Aurora neighborhood. Built in 1960, this beautiful renovation features a spacious layout with approximately 2,200 square feet of living area including 4 bedrooms, 2 full bathrooms, and is being sold fully furnished! Features include stainless steel appliances, granite countertops, and a sunroom with a bar for entertaining. Sitting on a generous lot size of 8,703 square feet, it offers ample outdoor space for any type of gathering. Its location in the historic and vibrant Old Aurora neighborhood combines the tranquility of suburban living with convenient access to the rich cultural and social amenities of New Orleans. This charming house is a great opportunity for families or groups, offering an unbeatable location and plenty of amenities. Just two miles from Wal-Mart and a mere 0.2 miles from Lakewood Golf Course, it provides convenience and leisure right at your doorstep. Central New Orleans is easily accessible, being only 6.4 miles or a 10-minute drive, Uber, or ferry ride away. This exceptional rental portfolio, priced at $2.8 million, offers a diverse and profitable investment opportunity. All properties in the portfolio have been recently renovated, ensuring they are in excellent condition and ready for continued or expanded rental use. The sale includes the transfer of all future bookings, providing immediate income to the new owner. Included are 2 doubles, 1 single family, 1 four-plex, and 3 fully furnished single family corporate rental properties with incomes ranging from $260,400 annually with the potential to rise to approximately $512,000 when optimizing the corporate rentals and rental adjustments. Must sign confidentiality form and show proof of funds or bank approval.