$2,995,000
Active
15,078
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/one-bath units along with 4 versatile studios, it presents a dynamic investment prospect. What's more, consider the potential of acquiring its sister property at 1905 S Carrollton Ave, boasting an additional 20 one-bedroom 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#2555174
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/one-bath units along with 4 versatile studios, it presents a dynamic investment prospect. What's more, consider the potential of acquiring its sister property at 1905 S Carrollton Ave, boasting an additional 20 one-bedroom 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#2555174
LISTING SNAPSHOT
Price$2,995,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)15,078 sqft
Lot Size0.3581 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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