Description
New Price! Great opportunity to purchase a unique multi-family asset with high occupancy in the Bywater Neighborhood in New Orleans. The improvements consist of 3 well maintained buildings with a total of 6 apartments. The buildings were gutted and remodeled in 2019, and have stabilized, in-place cash flow. The locations and their proximity to the French Quarter, Marigny, and CBD, and the direct proximity to multiple retailers, schools and places of work provide stability and rent appreciation. Zoning is HMR3. May be sold as a package along with 725-27 Desire St. which is also listed for sale.
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8BEDS
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0.14ACRES
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6BATHS
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01/2 BATHS
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5,275SQFT
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$246$/SQFT
School Ratings & Info
Description
New Price! Great opportunity to purchase a unique multi-family asset with high occupancy in the Bywater Neighborhood in New Orleans. The improvements consist of 3 well maintained buildings with a total of 6 apartments. The buildings were gutted and remodeled in 2019, and have stabilized, in-place cash flow. The locations and their proximity to the French Quarter, Marigny, and CBD, and the direct proximity to multiple retailers, schools and places of work provide stability and rent appreciation. Zoning is HMR3. May be sold as a package along with 725-27 Desire St. which is also listed for sale.
Related Properties
Broker and Associates are licensed in the State of Louisiana, USA.
Nola Northshore Real Estate || 985-807-1117 || Mandeville, LA.
Terms & Conditions
© 2024 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: 2024-10-15T09:34:49.803.