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Listed byREVE, REALTORS • Gabriella M Francescon • 504-300-0700
$ 475,000
Est. payment /mo
Listed By Rêve
Active
421 S LOPEZ ST New Orleans, LA 70119
4 Beds
5 Baths
3,875 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,875 sqft
Price per Sqft $122
MLS Listing ID 2565781
Style Traditional
Bedrooms 4
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 2006
Acres 0.12
Lot Dimensions 34'6\" X 153'11\"
Property Sub-Type Quadruplex
Source ROAM MLS
Land Area 3875
Property Description
Income-producing 4-plex in the heart of Mid-City, just off Banks Street! This property is surrounded by some of the neighborhood's favorite bars, coffee shops, restaurants, and conveniences, including Finn McCool's, Holy Ground, Trader Joe's, The Station Coffee Shop & Bakery, Bayou St. John, the Crescent City Farmers Market, and the Lafitte Greenway making it easy to bike or commute into Downtown.Four separate units with three already occupied offer immediate rental income and flexibility for the next owner. Move into the vacant unit and let your tenants offset your expenses, or lease all four for a fully income-producing investment. New roof in 2025!A secure, interior common entrance and lobby provides an added layer of privacy and security for residents. Outside, the property offers a huge yard plus something especially hard to find in Mid-City: a large garage! The garage offers substantial storage and workspace and could potentially provide an additional rental income stream separate from the residential units.With existing tenants, a desirable central location, generous outdoor space, and multiple opportunities to increase income, this is a solid Mid-City investment with plenty of room to grow.
Location
State LA
County Orleans
Area 0.12
Interior
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street
Utilities Available Natural Gas Not Available
Garage No
Building
Foundation Raised
Water Public
Architectural Style Traditional
New Construction No
Others
Tax ID 105205611
Virtual Tour https://www.propertypanorama.com/instaview/roam/2565781
Schools Near
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