LKV Realty
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$425,000
$2,150Reward *
3738 SOMERSET Drive, New Orleans, LA 70131Listing ID 2461653

3738 SOMERSET Drive, New Orleans, LA 70131

Active
Aurora Gardens
Time on site: 727 daysLast updated: Apr 29, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Detached
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,650
Acres
Acres
0.2
Days on Site
Days on Site
706
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
1962
Stories
Stories
2
Parking
Parking
Carport

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. The beautiful home is part of a 7 Asset Portfolio. 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 $272,400 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. Other properties addresses in the portfolio are: 1831 S. Dupre, 1831 N. Miro, 503 Wright, 3 Shepard Ct, 6226 Lafaye, 8002 Trapier $2.8M total

Property Information

Property Details

Location

Address
3738 SOMERSET Drive
County
Orleans
City
New Orleans
Zip Code
70131
Subdivision
Aurora Gardens

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
2

Building

Building Information

Square Feet
2,650
Year Built
1962
Stories
2
Construction
Brick
Foundation
Slab
Roof
Shingle
Condition
Excellent

Financial

Special Conditions
None
Axen Realty DBA Prestige Homes, (504) 239-1549

Market Report for 70131

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: ROAM MLS, LLC
ROAM MLS, LLC logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed

For corrections to this data please contact Brytecore MLS Support.

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