**Big Price Reduction** Multi-Family Redevelopment Opportunity
Multi-Family
for Sale
| Catylist Listing ID: |
30800952 |
| Property Subtypes: |
Duplex/Fourplex
|
| Number of Units: |
6 Units |
| Building Size (RSF): |
4,105 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
4,601 SF
|
| Sale Price: |
$600,000 |
| Unit Price: |
$100,000 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/27/2023 |
Overview / Comments
Excellent opportunity to redevelop a great asset in the heart of Uptown. Just two blocks from both Magazine Street and Prytania, the property is steps away from many area amenities; Lilette, CVS/Walgreens, Poke Loa, Dat Dog, the Bulldog, The Rum House, Breaux Mart and many other restaurants and retail.
The building is currently configured for 6 individual units each with a bathroom and kitchen. The bottom floor could be combined into one larger unit or keep as two separate units. The 2nd floor houses 3 units and the third floor 1 unit.
The property is approximately 4,601 square feet (43 x 107).
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Orleans |
| Submarket/Township: |
Uptown-Garden District |
| Tax ID/APN: |
41046711 |
| Zoning: |
HU-RD2 |
| Total Number of Buildings: |
1 |
| Property Condition: |
Fair |
| Number of Stories: |
3 |
| Lot Frontage: |
43 |
| Lot Depth: |
107 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
30,104 |
179,997 |
408,171 |
| Median Age: |
37.42 |
36.33 |
36.87 |
| Households: |
15,133 |
77,476 |
168,399 |
|
The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
