New Orleans, LA 70116
MLS# NO2561604
3672 sqft
Property Description
Great investment/redevelopment opportunity in the South 7th Ward neighborhood centrally located near St. Roch, Treme, and the Marigny neighborhoods, and minutes to I-10! This unique five unit property sits on a corner lot and includes one building that includes four separate apartments: two 1 bedroom, 1 bath units, one 3 bedroom, 2 bath unit, and one 2 bedroom, 1 bath unit. The detached guest house/single family structure at the rear of the main property includes 2 bedrooms and 1 bath, and has been recently renovated with new sheetrock, bathroom, and flooring. New HVAC system in unit C. Units include ceramic tile flooring and carpet, and three of the units have central A/C and heat. Roof replaced in 2021. X flood zone= Preferred insurance premium. Units are currently fully rented with $5988/month in rental income. Unit B was previously rented for $900/month. Call today to schedule a tour of your new investment property!
Last Updated: June - 08 - 2026
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