NEW ORLEANS EAST DOUBLE

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30834900
Property Subtypes: Duplex/Fourplex, Government Subsidized
Status: Pending
Number of Units: 2 Units
Building Size (RSF): 1,030 SF
Gross Building Area: 2,060 SF
Gross Land Area: 4,950 SF
Sale Price: $194,900
Unit Price: $97,450 Per Unit
Property Use Type: Investment
Usable Size (USF): 1,030 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 3/16/2023

Overview / Comments

Nice, well keeped double Off of Hayne Blvd. in Winners Circle.
Both units have been rented by the same tenants since 2017.
Rental amounts are paid for by HANO

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Tax ID/APN: 39W072713
Percent Occupied: 100%
Property Located Between: Morrison Road and Hayne Blvd.
Site Description: 55 x 90
Area Description: Quite residential area just off Hayne Blvd.
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 2
Year Built: 1983
Year Renovated: 2020
Roof Type: Hip
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Parking Description: Driveway on each side
Total Parking Spaces: 4
Laundry: In Each Unit
Heat Type: Electricity
Air Conditioning: Package Unit
Interior Description: 2 bed and 1 and one half baths on each side.
Lot Frontage: 55
Lot Depth: 90
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Square A, Lot 13, 3rd District of New Orleans, Lakeview

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,710 50,118 67,813
Median Age: 31.77 32.64 33.11
Households: 4,102 17,628 24,020

Contact

Photograph of Listing Agent

Lane Hindermann

Real Estate Consortium Metairie, LA 70005
LACDB Member
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