19 Unit Multi-Family Package
|Catylist Listing ID:
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
||$131,578.95 Per Unit
|In Opportunity Zone?
|Property Use Type:
||Cash to Seller
Overview / Comments
Excellent investment opportunity in the Heart of New Orleans! Located just one block off Lasalle and several blocks from Louisiana Avenue, the improvements consist of nine (9) separate buildings containing a total of Nineteen (19) Two Bedroom Units, One (1) One-Bedroom with a Net Rentable Area of 14,679 SF.
Six (6) of the seven (7) doubles on Freret have Part I & Part II historic tax credit applications approved. Five (5) of the Freret doubles are approximately 85% complete, with the kitchens and bathroom and various finish work to be completed, meaning the accrued HTCs can transfer to a new owner to complete. 2613-17 Second Street and 2515-17 Magnolia are currently occupied. 2515-17 Magnolia has a third unit at the rear of the property that is currently vacant. Purchase price includes a buildable lot on Third Street!
Attachments & Media
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|Number of Stories:
||Plenty of Room for off-street parking at the rear of the Freret properties accessed of Second Street.
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