$2,000,000
Active
4,250
SqFt
1990
Built
Rare opportunity to acquire a fully occupied investment property on highly sought-after corridor in New Orleans with upside in rental income and value! This large 3-story, ~8,980 sf building on highly visible corner lot is comprised of nine (9) total spacious units: Two (2) ground floor commercial units & Seven (7) upper floor residential units; 100% occupied - currently producing $12,065/month ($144,780/yr) in gross rental income.
A+ location on Canal Street in desirable Mid City neighborhood - 1 block from Canal & Norman C Francis intersection, with ample parking with 12 spaces in rear of building and multiple spaces in front of building.
Call Bryce (504) 301-5583 or Mason (504) 298-5547 for information or to arrange a showing.
LISTING SNAPSHOT
Price$2,000,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)4,250 sqft
Lot Size0.1529 Acres
Year Built1990
MLS® Number2574100
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A
GENERAL
Acres0.1529
Cross StreetRendon, Norman C Francis
LevelsTwo
ParkingNone
SecurityFire Sprinkler System
SewerPublic Sewer
SqFt Total8890
Water SourcePublic
ZoningMU
EXTERIOR
Construction DetailsBrick
Lot FeaturesCorner Lot, City Lot
RECENT ACTIVITY
August 25, 2026Active
Listing courtesy of Bridgewater Realty Advisors, LLC
Listing courtesy of Bridgewater Realty Advisors, LLC
Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Comps
An estimate is not available for this listing.
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