6117 Magazine St

Multi-Family for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30787862
Property Subtypes: Low-Rise/Garden, Mixed Use
Number of Units: 4 Units
Building Size (RSF): 6,153 SF
Gross Land Area: 3,900 SF
Sale Price: $975,000
Unit Price: $243,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/26/2022

Overview / Comments

Income-producing mixed-use building in coveted Uptown neighborhood, just steps to Audubon Park and situated in a strong pocket of Magazine Street within major commercial corridor near Whole Foods, Perlis Boutique, Audubon Golf Course, Tulane and Loyola Universities & iconic neighborhood restaurants Saba, Patio's and Clancy's.

PROPERTY DETAILS
6,153 sf
1 commercial unit, 3 residential units
Slightly oversized lot
Zoned HU-B1
Flood Zone X

Unit 1 - Commercial
Ground Floor
2,811 sf

Unit A - Residential
1 br/1 bath
2nd Floor
810 sf

Unit B - Residential
2 br/1 bath
2nd/3rd Floor
Living space on 2nd floor, bedrooms on 3rd floor

Unit C - Residential
2 br/1 bath
Ground/2nd Floor
Entry on ground floor, living and bedrooms on 2nd floor
1,137 sf

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41056315
Zoning: HU-B1
Laundry: In Each Unit

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,291 145,255 361,828
Median Age: 37.64 36.25 37.67
Households: 7,700 60,571 152,857

Contact

Photograph of Listing Agent

Jack Egle

Felicity Property Co., LLC
New Orleans, LA
LACDB Member
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