$3,900,000
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1431 BARONNE Street New Orleans, LA 70113
General Commercial
Residence
Beds
Baths
20,488
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Available as a portfolio sale, 1431 Baronne Street, et al, offers a total of fifteen fully leased residential units, two leased commercial units, and one currently vacant (shell condition) unit, all along the rapidly improving Baronne Street corridor. The site includes two of the corners at the sign...alized intersection of Baronne Street and MLK Blvd. Most tenants are on month-to-month leases, allowing for easy renovation and re-leasing. 1432 Baronne Street includes 10 residential units and a commercial unit leased to a dog groomer. 1431 Baronne Street includes 4 residential units, a large commercial space on the ground floor leased to a corner store, and a currently vacant former commercial unit on the ground floor that is currently being used as storage. 1429 Baronne Street is a 3-bedroom single-family house that is leased to a short-term rental operator with a commercial license in place. The offering provides strong day-one returns along with a value-added opportunity to increase rents by performing basic renovations and improvements. Full rent roll and additional photos/information are available upon request.
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MLS#
2411219
Property Type
General Commercial
Year Built
1920
Square Feet
20,488
sq. ft
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