Description
Discover this incredible opportunity to invest in an apartment building strategically positioned along the iconic New Orleans streetcar route, nestled in the vibrant Uptown/University neighborhood. Picture your tenants effortlessly hopping on the streetcar to commute to work, to attend classes at Tulane or Loyola, or to explore the wonders of Audubon Park.This property offers a prime opportunity to expand your real estate portfolio with a well-established building primed for value enhancement. Featuring 20 inviting one-bedroom/one-bath units along with 4 versatile studios, it presents a dynamic investment prospect. What's more, consider the potential of acquiring its sister property at 1905 S Carrollton Ave, boasting an additional 20 one-bedroom units, to maximize your investment synergy.With the added convenience of coin-operated laundry facilities on-site, this is a compelling opportunity tailor-made for savvy local investors familiar with the lively rhythm of the New Orleans market. MLS#2442309.
School Ratings & Info
Description
Discover this incredible opportunity to invest in an apartment building strategically positioned along the iconic New Orleans streetcar route, nestled in the vibrant Uptown/University neighborhood. Picture your tenants effortlessly hopping on the streetcar to commute to work, to attend classes at Tulane or Loyola, or to explore the wonders of Audubon Park.This property offers a prime opportunity to expand your real estate portfolio with a well-established building primed for value enhancement. Featuring 20 inviting one-bedroom/one-bath units along with 4 versatile studios, it presents a dynamic investment prospect. What's more, consider the potential of acquiring its sister property at 1905 S Carrollton Ave, boasting an additional 20 one-bedroom units, to maximize your investment synergy.With the added convenience of coin-operated laundry facilities on-site, this is a compelling opportunity tailor-made for savvy local investors familiar with the lively rhythm of the New Orleans market. MLS#2442309.
Broker and Associates are licensed in the State of Louisiana, USA.
Nola Northshore Real Estate || 985-807-1117 || Mandeville, LA.
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© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' 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 is deemed reliable but is not guaranteed accurate by the MLS or Nola Northshore Real Estate. Data last updated: 2025-01-14T13:34:58.163.
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