1516 GENTILLY Boulevard This Fairgrounds charmer offers 4 beds, 3 baths, and 1, 904 square feet of flexible living that blends classic New Orleans character with practical income potential. The property functions as two units. The main floor features 3 bedrooms and 2 full baths, while the second floor is a private 1 bedroom, 1 bath studio style apartment with its own rear entrance. The upstairs unit is leased for 1, 100 dollars per month on a month to month basis, and the tenant is willing to stay for built in income or move out if the new owner has other plans for the space. This setup offers strong flexibility for long term rental, short term use, guests, or extended family. Inside, the home welcomes you with warm original wood floors, tall ceilings, and sunlight from every direction. The living room offers plenty of space to gather or unwind, and the dining room sits at the heart of the home with easy access to a spacious kitchen with solid wood cabinetry and a footprint ready for your personal updates. All three downstairs bedrooms offer generous layouts and natural light. Two full baths and a convenient laundry area complete the main level. The upper apartment adds real value. A private exterior staircase leads to a bright living and sleeping area with its own kitchen and a full bath with a clawfoot tub. Whether used for steady rental income or as a separate living space, the options remain open. Outside, the fenced yard and screened front porch add comfortable outdoor areas and that signature New Orleans ease. Located steps from the Fairgrounds and minutes from Bayou St. John, City Park, restaurants, and coffee shops, this property sits in a high demand rental zone where opportunities like this rarely come available. Homes with built in income and this level of flexibility do not last. Schedule your showing today and explore the possibilities.