Listing Courtesy of: Mason McCullough - Bridgewater Realty Advisors, LLC
504-901-0463
$325,000
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2633 GOVERNOR NICHOLLS Street New Orleans, LA 70119
Fourplex
Residence
5
Beds
4
Baths
Sq. Ft.
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2633 Governor Nicholls Street is a 4-unit multifamily property located in the rapidly-growing Treme neighborhood, just blocks away from the Esplanade Avenue and N. Broad St intersection. The property is in great condition and has major upside potential in rents or can be owner-occupied with rental i...ncome to offset housing costs using an FHA loan.The building contains four (4) units that with three (3) 1 bedroom and 1 bathroom units and one (1) 2 bedroom 1 bathroom unit. Two (2) of the units are 592 sf, one (1)unit is 452 sf and the largest unit (2 bedroom) is 968 square feet. The property is currently 100% occupied with below market rents, allowing for a new owner to raise rents to market without much work. The property is also located in a favorable X flood zone with no flood insurance requirements.
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MLS#
2477041
Property Type
Fourplex
Bedrooms
5
Bathrooms
4 Full
Year Built
1958
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