5402 St Charles Avenue
New Orleans, LA 70115

$5,400,000 - Status: Active

SQFT: 27,000

MLS# 2502512

Prime Uptown Location ? Long-Term Investment Opportunity! Rare offering in one of New Orleans' most sought-after corridors. This 28-unit apartment building with 28 parking spaces, is just blocks from Tulane and Loyola Universities, the Freret Street corridor, and the new Trader Joe's. A unique opportunity for an investor or developer seeking to acquire a premier location with strong rental demand and/or future redevelopment potential. The property currently produces steady income and is ideally suited for long-term hold while planning for repositioning or conversion down the road. Properties of this scale and location rarely become available. A legacy investment with exceptional upside for the future!

Property Features

MLS#: 2502512

Zip: 70115

Subdivision:

Development:

Property Type: Multi Unit - Multiple

Cooling: Central Air, Ductless, Window Unit(s), Wall Unit(s)

Days on Site: 338

Heating: Heat Pump

Home Style: Apartment, Traditional

Lot Size: 0.73 acres

Roof Type: Slate

Stories: 3.0

Feature Descriptions

Exterior: Block, Concrete

Lot Description: City Lot, Oversized Lot

Lot Dimensions: 80X135/287X308

Parking: Assigned

Property Condition: Very Good Condition

Sewer: Public Sewer

Water: Public

5402 St Charles Avenue | MLS# 2502512

This multi-family property located at 5402 St Charles Avenue, New Orleans, LA 70115 is currently listed for sale with an asking price of $5,400,000. Search New Orleans real estate on www.wendybenedetto.com today.

Listed By / Shown By

Listed By

Agency Name: John Weil Realty, LLC
Agency Phone: (504) 512-6339

Shown By

Agency Title: Wendy Benedetto, LLC
Agency Phone: (504) 382-7492

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5402 St Charles AvenueNew Orleans, LA 70115