Catylist ID: #30820148
NOLA Investment Asset Near Downtown and University
Multi-Family for Sale
|Catylist Listing ID:||30820148|
|Number of Units:||7 Units|
|Building Size (RSF):||1 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$128,571.43 Per Unit|
|In Opportunity Zone?||Yes|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
This portfolio property consists of a fourplex, 3100 Gravier St, and a triplex, 713-715 S Salcedo St. Each of the 7 units have individual electric meters and the electricity is covered by tenants.
Potential boost of rental income if used as STR.
The portfolio is conveniently situated just ±1.5 miles to Downtown New Orleans and the Superdome. It is also ±1.4 miles to Costco, ±1.2 miles away from Xavier University, and ±0.1 miles from the new mixed-use development, Crescent Club.
The properties are situated on a corner and enjoy ample street parking.
S Salcedo's roof, gutters, downspouts, and awning were replaced at the end of 2021. The roof of 3100 Gravier St was replaced in 2017. Several units have been recently updated and some have brand new appliances.
• Fourplex and triplex
• Potential boost of rental income if used as STR
• Nearby Downtown New Orleans and Xavier University
• Corner property – ample street parking
Attachments & Media
|Nearest MSA:||New Orleans-Metairie|
|Submarket/Township:||Greater New Orleans|
|Proximity:||1 mile||3 miles||5 miles|
Brett SanchezElifin Realty Baton Rouge, LA 70801
Mark R SegallaElifin Realty Baton Rouge, LA 70801
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