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Celeste Marshall

celeste@reverealtors.com +1(504) 220-8558

$795,000

Est. payment - /mo

16 Beds

10 Baths

4,398 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,398 sqft

Price per Sqft $180

MLS Listing ID 2582192

Style Traditional

Bedrooms 16

Full Baths 10

Construction Status Average Condition

HOA Y/N No

Year Built 1981

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Apartment

Property Description

Great investment opportunity in New Orleans! This fully occupied 10-plex generates $7,350 in monthly rental income ($88,200 annually). The property consists of six (6) 2-bedroom, 1-bath units, two (2) 1-bedroom, 1-bath units, and two (2) efficiency apartments. Each unit includes a range/oven. Conveniently located with quick access to I-10, approximately 15 minutes from the French Quarter and Downtown New Orleans, and just 20 minutes from Louis Armstrong New Orleans International Airport. Zoned HI (Heavy Industrial). Features a metal roof and ceramic tile flooring throughout. Improvements include: Insulated attic with Cellulose insulation, newer windows, new siding, all doors are capped and have updated weatherstripping. Excellent opportunity to acquire an income-producing multifamily property with established rental income!

Location

State LA

County Orleans

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Off Street, Parking Lot

Pool None

Water Access Desc Public

Roof Type Metal

Building

Lot Description City Lot, Irregular Lot

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Construction Status Average Condition

Others

Tax ID 39W412806

Special Listing Condition None

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Gulf South Real Estate Information Network (NOMAR IDX Plus)

Listed by Amanda Miller Realty, LLC

Schools Near

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Celeste Marshall

+1(504) 220-8558

Rêve | Realtor License ID: 0995686000

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4300 N PRIEUR ST New Orleans, LA 70117

Celeste Marshall

Key Details

Location

Interior

Exterior

Building

Others

Schools Near

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4300 N PRIEUR ST