Great investment/redevelopment opportunity in the South 7th Ward neighborhood centrally located near St. Roch, Treme, and the Marigny neighborhoods, and minutes to I-10! This unique five unit property sits on a corner lot and includes one building that includes four separate apartments: two 1 bedroom, 1 bath units, one 3 bedroom, 2 bath unit, and one 2 bedroom, 1 bath unit. The detached guest house/single family structure at the rear of the main property includes 2 bedrooms and 1 bath, and has been recently renovated with new sheetrock, bathroom, and flooring. New HVAC system in unit C. Units include ceramic tile flooring and carpet, and three of the units have central A/C and heat. Roof replaced in 2021. X flood zone= Preferred insurance premium. Units are currently fully rented with $6355/month in rental income. Call today to schedule a tour of your new investment property!
Features
9 bedrooms
6 bathrooms
3672 sq. ft. floor area
cottageOther
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90%
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90% of sellers in New Orleans reported that their sale price either exceeded or met their price expectations.
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Local market activity for 9 bedroom other properties in New Orleans
Sold
For Sale
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