Description
Sold as a package deal along with 914-916 N Prieur, 1936-1938 St Philip and 1900 St Philip. $1,499,000.Owner Financing/Bond for Deed options available.This 7-Unit Multifamily Portfolio is comprised of three duplexes and one single family home all within one city block. The properties are centrally located in a high growth area of Treme. The location is minutes from downtown and the French Quarter with easy access to I-10 and US-90. Blocks from University Medical Center and the VA Hospital.All four properties have undergone full renovations in the past year including roofs, electrical and plumbing.All three duplexes have and/or are being rented to long term tenants with projected rents totaling $8200/month. The single family home is currently a STR with projected monthly rental income of $4000-$6000.LLC can be purchased and includes a cost segregation study with a sizable first year deduction. Inquire for more details.
-
4BEDS
-
N/AACRES
-
2BATHS
-
01/2 BATHS
-
1,640SQFT
-
$231$/SQFT
School Ratings & Info
Description
Sold as a package deal along with 914-916 N Prieur, 1936-1938 St Philip and 1900 St Philip. $1,499,000.Owner Financing/Bond for Deed options available.This 7-Unit Multifamily Portfolio is comprised of three duplexes and one single family home all within one city block. The properties are centrally located in a high growth area of Treme. The location is minutes from downtown and the French Quarter with easy access to I-10 and US-90. Blocks from University Medical Center and the VA Hospital.All four properties have undergone full renovations in the past year including roofs, electrical and plumbing.All three duplexes have and/or are being rented to long term tenants with projected rents totaling $8200/month. The single family home is currently a STR with projected monthly rental income of $4000-$6000.LLC can be purchased and includes a cost segregation study with a sizable first year deduction. Inquire for more details.
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: 2024-10-07T16:35:14.177.
Listing courtesy of Gulf South Real Estate Information Network.