EXCELLENT 2 Story CORNER DUPLEX BUILDING READY FOR OCCUPANCY

Special Purpose for Sale
Also listed as Office
Catylist Listing ID: 30806448
Property Subtypes: Assembly/Meeting Place, Health Care/Medical, Library, Museum/Gallery, Senior Housing, Other
Building Size (RSF): 3,575 SF
Gross Land Area: 2,457 SF
Sale Price: $525,000
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/24/2022

Overview / Comments

Totally Renovated 2 story Corner Building with 2 Electrical Meters. All New Plumbing and Electrical. Roof 4years Old. Total Six rooms, 2 baths, 2 Living Areas, 2 Kitchens, 2 Dining Areas, 2 Laundry Areas, Storage throughout.
Wraparound Balcony on Second Floor . Second Floor has additional bonus room.
No elevator only private stairway.
Zoned for Living/ Residential Duplex and Various OTHER USES... Need to confer to City Zoning . Copy attached .

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41038800
Zoning: HU-RM1 WITH COMMERCIAL PERMITTED USES AND CONDITIONAL USES
Property Located Between: Philip and First
Property Visibility: Excellent
Largest Nearby Street: Philip
Highway Access: yes
Airports: yes
Site Description: Corner building in Residential area upcoming development of new houses and streets renewed
Area Description: Corner Building was a former Grocery Store for the area. Near a Pharmacy and Community Centers
Total Number of Buildings: 1
Number of Stories: 2
Year Renovated: 2022
Roof Type: Other
Construction/Siding: Wood Frame, Wood Siding, Other
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Zoning Description: HU-RM1 Historic Urban Multi-Family Residential District Limited non-residential uses such as places of worship, historic neighborhood commercial establishments ,and recreational facilities that are compatible with surrounding residential neighborhoods may be allowed.
Lot Frontage: 27
Lot Depth: 91
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Sq 300 Lot A Philip and Loyola 27 x 91 File #18028

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 31,203 204,467 406,027
Median Age: 36.66 35.78 37.18
Households: 14,997 89,090 170,709

Contact

Photograph of Listing Agent

Marlene Moises-Huber

Latter & Blum Garden District - The Rink New Orleans, LA 70130
LACDB Member
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