6 Unit Multi-Family Apartment

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30806131
Property Subtypes: Low-Rise/Garden, Other
Status: Pending
Number of Units: 6 Units
Building Size (RSF): 5,527 SF
Gross Building Area: See Agent
Gross Land Area: 6,720 SF
Sale Price: $1,075,000
Unit Price: $179,166.67 Per Unit
Property Use Type: Investment, Business
Usable Size (USF): 5,527 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/10/2022

Overview / Comments

This is a charming six (6) unit multi-family property that is well-located on the corner of Carondelet Street and First Street, only one block off Historic St. Charles Avenue. All units are rented with one unit purposefully left vacant and there is upside potential for increased rental rates in the near future. Don't miss this rare opportunity to acquire one of the hottest asset classes in today's market: apartment buildings!

Contact listing agents for additional information or to set up a showing.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41037825
Zoning: HU-RM1
Property Located Between: First & Second St.
Total Number of Buildings: 1
Number of Stories: 2
Air Conditioning: Window Unit
Zoning Description: Historic Urban Multi-Family Residential District
Lot Frontage: 56 ft
Lot Depth: 120 ft
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 33,396 199,292 399,188
Median Age: 36.4 35.79 37.1
Households: 16,587 85,719 166,756


Photograph of Listing Agent

S. Parkerson McEnery

The McEnery Company Inc Mandeville, LA 70471
LACDB Member
Photograph of Listing Agent

Pat Browne III

The McEnery Company Inc Mandeville, LA 70471
LACDB Member
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