Remarks
This beautifully maintained 6-unit property produces 90K Rental Income Yearly. Located just one block off Canal Street, it consists of one Neo-Classical Revival four-plex and one Arts and Crafts style front/back double, offering six one-bedroom, one-bath apartments all with independent HVAC. The units retain most of their original architectural details while featuring modern amenities. The first house contains two apartments, one in the front and one in the back. The second house includes four units, with two upstairs and two downstairs. Both homes boast covered front porches. A small courtyard separates the houses in the front, while the rear courtyard offers a common sitting area, a one-car garage, an outdoor storage area, and a laundry area for units without in-unit hookups (three have own W/D). This property is ideally situated one block from the Canal streetcar line, in a vibrant area rich with restaurants, shopping, and the best of New Orleans. Apt.1 $1300 800 sq ft Apt.2 $1340 850 sq ft Apt. 3 $1170 650 sq ft Apt. 4 $1210 650 sq ft Apt. 5 $1250 700 sq ft Apt.6 $1250 750 sq ft
Details
- Listing ID:
- NO2533881
- Parish
- Orleans
- Financing
- Owner Will Carry
- Assessment
- 1-05-3-086-86
- Legal Desc
- SQ 818 LOT1 OLYMPIA & CLEVELAND 30 X 111 LOT 2 OLYMPIA 32 X 110 ALSO C/B DBL 134-36-38 S OLYMPIA
Interior
- Lot Dimensions
- 6882
Exterior
- Lot Description
- Corner
Location
- Directions
- Bounding Streets: Canal Street and Cleveland Street
- Parish
- Orleans
- Sub Type:
- Commercial
- Zoning:
- HU-RD2