10 Beds
4 Baths
Full Baths: 4
5,040 SqFt
4,761 Lot Size
1942 Year Built

Extremely well built 5040 sq ft building in a great location. The two upstairs units have gorgeous hardwood floors, fine craftsmanship, and have been exceptionally maintained. There's a development opportunity to renovate the downstairs into separate units, which already have plumbing, electrical, and multiple points of entry. This will turn this two unit building into a 4 unit CASH COW. 3 year old roof, preferred flood zone X.

HANO payment standards give up to $1419/m per 2-bedroom unit, or $1813/m per 3-bedroom unit, which may be possible downstairs. If converting to 4 units, one unit must remain available for someone earning 80% Area Median Income, whereas the other units don't have that requirement.

Listed by REVE, REALTORS

GALLERY

PROPERTY DETAIL

Key Details

Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5, 040 sqft
Price per Sqft $74
MLS Listing ID 2579862
Bedrooms 10
Full Baths 4
Construction Status Excellent
HOA Y/N No
Year Built 1942
Lot Size 4,761 Sqft
Acres 0.1093
Property Sub-Type Quadruplex
Location

State LA
County Orleans
Building

Lot Description City Lot, Oversized Lot
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Excellent

Interior

Heating Central
Cooling Central Air
Fireplace No
Exterior

Exterior Feature Balcony, Fence, Porch
Parking Features Garage, Off Street, Three or more Spaces
Pool None
Water Access Desc Public
Roof Type Shingle
Porch Balcony, Porch
Others

Tax ID 39W310004
Special Listing Condition None