$2,795,000
Active
12,540
SqFt
1922
Built
Discover this incredible opportunity to invest in an apartment building strategically positioned along the iconic New Orleans streetcar route, nestled in the vibrant Uptown/University neighborhood. Picture your tenants effortlessly hopping on the streetcar to commute to work, to attend classes at Tulane or Loyola, or to explore the wonders of Audubon Park.
This property offers a prime opportunity to expand your real estate portfolio with a well-established building primed for value enhancement. Featuring 20 inviting one-bedroom apartments, it presents a dynamic investment prospect. What's more, consider the potential of acquiring its sister property at 1710 S Carrollton Ave, boasting an additional 20 one-bedroom units and 4 studio units, to maximize your investment synergy.
With the added convenience of coin-operated laundry facilities on-site, this is a compelling opportunity tailor-made for savvy local investors familiar with the lively rhythm of the New Orleans market. MLS#. 2555176
Discover this incredible opportunity to invest in an apartment building strategically positioned along the iconic New Orleans streetcar route, nestled in the vibrant Uptown/University neighborhood. Picture your tenants effortlessly hopping on the streetcar to commute to work, to attend classes at Tulane or Loyola, or to explore the wonders of Audubon Park.
This property offers a prime opportunity to expand your real estate portfolio with a well-established building primed for value enhancement. Featuring 20 inviting one-bedroom apartments, it presents a dynamic investment prospect. What's more, consider the potential of acquiring its sister property at 1710 S Carrollton Ave, boasting an additional 20 one-bedroom units and 4 studio units, to maximize your investment synergy.
With the added convenience of coin-operated laundry facilities on-site, this is a compelling opportunity tailor-made for savvy local investors familiar with the lively rhythm of the New Orleans market. MLS#. 2555176
LISTING SNAPSHOT
Price$2,795,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)12,540 sqft
Lot Size0.2755 Acres
Year Built1922
MLS® NumberN/A
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A
Listing courtesy of RE/MAX N.O. Properties
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