$2,995,000

Estimated payment $19,282/month

Total Views 258,851
-- Bed
-- Bath
15,078 Sq Ft
$199 Price per Sq Ft

Highlights

  • 0.36 Acre Lot
  • Corner Lot
  • 1-minute walk to Carrollton And Hickory

About This Home

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#2442309.

Listing Agent

John Rareshide

RE/MAX N.O. Properties License #000015172 Listed on: 10/14/2024

RE/MAX N.O. Properties

Property Details

Property Type

  • Other

Year Built

  • Built in 1922

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 120 x 130
  • Corner Lot
  • Rectangular Lot

Home Design

  • Stucco

Interior Spaces

  • 15,078 Sq Ft Home
  • Property has 2 Levels

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 701181710SCARROLLTONAV

Property Details

Property Type

Other

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.3581
  • Lot Size: 120 x 130
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Mixed Use
  • Year Built: 1922
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2

Interior Features

  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Corner Lot, City Lot, Rectangular Lot
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701181710SCARROLLTONAV
  • Zoning Description: RES
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 26750.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2024 10/14/24 For Sale $2,995,000 -- $199 / Sq Ft
Source: ROAM MLS

About the Listing Agent

John Rareshide

RE/MAX N.O. Properties

(504) 474-5509

Section Image

Born and raised in Uptown New Orleans, the personal service and level of commitment I provide is unparalleled. With over 30 years of experience buying and selling real estate in the Uptown Garden District area, my knowledge of the market is unrivaled. Whether you're looking for a fixer-upper, an investment property, or a turn-key luxury property, I make the whole process as smooth as possible.


The only way to succeed in real estate is to provide more service than you can get anywhere

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Source: ROAM MLS

MLS Number: 2471881