Investment Opportunity in Gentilly!! 2545-2553 Agriculture St. Two buildings with combined 7 units. 6 out 7 are occupied with long term tenants - all month to month leases. Flexible MU-1 Zoning: Designated as Medium Intensity Mixed Use, this property opens the door to abundant income streams. The ground floor of the 2551/2553 building is a blank canvas, ready to be developed into additional housing units or tailored for commercial use. Both buildings have approximately 5 year old roofs installed post-Ida. One water meter for each building in which tenants split proportionately. 6 total electric meters - 2553 A & B share one elec meter. Seller open to selling buildings separately, although subdivision will take additional months for completion. Measurements are estimated and not guaranteed.
Features
7 bedrooms
7 bathrooms
4400 sq. ft. floor area
cottageApartment
Property history for 2545 Agriculture Street
2023
Rented
Undisclosed
10 Oct 2023 by Mikey Bowler Realty
Happy sellers in New Orleans
97%
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97% 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 7 bedroom apartments in New Orleans
Sold
For Sale
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