5 Unit Residential Compound

Multi-Family for Sale
Catylist Listing ID: 30835385
Number of Units: 5 Units
Building Size (RSF): 6,738 SF
Gross Building Area: 9,163 SF
Gross Land Area: 12,013 SF
Sale Price: $2,200,000
Unit Price: $440,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2023

Overview / Comments

Private Residential Complex compound located in the Lower Garden District consists of corner undeveloped lot, two camelback doubles + a carriage house, off-street parking for 6 cars & vast storage. Meticulous attention has been given to maintaining architectural authenticity with updated amenities. The doubles feature 12.5’ ceilings, heart pine floors, ample natural light, and upper balconies. Located in a high demand neighborhood. Private, gated entrance, courtyard, central HVAC, in-unit laundry. HU-RD2.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 412100206
Zoning: HU-RD2
Percent Occupied: 80%
Property Located Between: Coliseum, Chestnut, St Andrew
Highway Access: I-10, St. Charles, Prytania, Magazine
Area Description: Located in the Lower Garden District, centered around Coliseum Square, the area is one of graceful vistas and curving streets. The houses here actually predate those of the Garden District, filled with architectural gems, magnificent old streets, and a rich cultural heritage.
Property Condition: Excellent
Year Built: 1900
Construction/Siding: HardiePlank Siding, Wood Siding
Parking Type: Surface
Parking Description: Off-street.
Total Parking Spaces: 6
Laundry: In Each Unit
Heat Type: Natural Gas, Hot Water
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: HU-RD2
Lot Frontage: 95.11'
Lot Depth: 124.3/126.2
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lots A, B, C, Square 176, Fourth District Orleans Parish or as per title

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,576 196,981 401,100
Median Age: 36.88 35.71 36.89
Households: 13,718 83,911 165,739


Photograph of Listing Agent

John Myers

Latter & Blum REALTORS New Orleans, LA 70130
LACDB Member
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