Great investment opportunity in New Orleans! This fully occupied 10-plex generates $7,350 in monthly rental income ($88,200 annually). The property consists of six (6) 2-bedroom, 1-bath units, two (2) 1-bedroom, 1-bath units, and two (2) efficiency apartments. Each unit includes a range/oven. Conveniently located with quick access to I-10, approximately 15 minutes from the French Quarter and Downtown New Orleans, and just 20 minutes from Louis Armstrong New Orleans International Airport. Zoned HI (Heavy Industrial). Features a metal roof and ceramic tile flooring throughout. Improvements include: Insulated attic with Cellulose insulation, newer windows, new siding, all doors are capped and have updated weatherstripping. Excellent opportunity to acquire an income-producing multifamily property with established rental income!
Listed By
Agency Name: Amanda Miller Realty, LLC
Agency Phone: (504) 302-4610
Shown By
Agency Title: Wendy Benedetto, LLC
Agency Phone: (504) 382-7492
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4300 N Prieur Street , New Orleans, LA 70117.
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4300 N Prieur Street , New Orleans, LA 70117.
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4300 N Prieur Street | MLS# 2581570
This commercial property located at 4300 N Prieur Street , New Orleans, LA 70117 is currently listed for sale with an asking price of $795,000. Search New Orleans real estate on www.wendybenedetto.com today.