UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $209
MLS Listing ID 2540785
Style Other
Bedrooms 6
Full Baths 6
Construction Status Excellent
HOA Y/N No
Year Built 2022
Property Sub-Type Apartment
Property Description
management costs and fire walls were added for safety. Very profitable and fully leased, it has a fantastic Cash on Cash Return of 9.97%.
Each 1BD/1BA unit features modern finishes and practical design choices aimed at long-term performance. Ideal for investors seeking predictable returns without the upkeep headaches, this turn-key asset offers a low-hassle path to rental income in the New Orleans market. Each unit has an assigned parking space as well as its own water meter and electric meter. There is no gas to the property.
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Location
State LA
County Orleans
Interior
Heating Window Unit
Cooling Window Unit(s)
Fireplace No
Exterior
Exterior Feature Fence
Parking Features Assigned, Off Street
Pool None
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories One
Construction Status Excellent
Others
Tax ID 701171905FRANCESTC
Special Listing Condition None
Schools Near
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Celeste Marshall
Rêve | Realtor | License ID: 0995686000
Rêve | Realtor License ID: 0995686000