Listing Courtesy of: Logan Macrae - REVE, REALTORS
504-300-0700
$378,250
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1936-38 SAINT PHILIP Street New Orleans, LA 70116
Duplex
Residence
4
Beds
2
Baths
Sq. Ft.
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Sold as a package deal along with 910-12 N Prieur, 914-916 N Prieur and 1900 St Philip. $1,499,000. Owner Financing/Bond for Deed options available. This 7-Unit Multifamily Portfolio is comprised of three duplexes and one single family home all within one city block. The properties are centrally l...ocated in a high growth area of Treme. The location is minutes from downtown and the French Quarter with easy access to I-10 and US-90. Blocks from University Medical Center and the VA Hospital. All four properties have undergone full renovations in the past year including roofs, electrical and plumbing. All three duplexes have and/or are being rented to long term tenants with projected rents totaling $8200/month. The single family home is currently a STR with projected monthly rental income of $4000-$6000. LLC can be purchased and includes a cost segregation study with a sizable first year deduction. Inquire for more details.
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MLS#
2453297
Property Type
Duplex
Bedrooms
4
Bathrooms
2 Full
Year Built
1961
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