2831-33 PALMER Avenue

New Orleans, LA
  • Property Type: Multifamily
  • 2,961 sqft

$599,500

Remarks

A traditional raised basement 4-plex in the heart of Uptown's University District in walking distance to Tulane and Loyola Universities and Ursuline School. The property, held in the same family for over 75 years, features a 2nd floor, recently renovated 3 bedroom owner's residence over two ground floor 2 bed / 1 bath apartments with a rear 1 bedroom garage studio. Very convenient location. Units are under rented with mth. to mth. terms and there are value add possibilities. Tenants are long term w/ very stable occupancy. The 2nd floor owner's Unit, vacant and ready for occupancy, contains 3 bedrooms, a fully equipped kitchen, 2 full bathrooms and rear balcony. There is off street parking and a small landscaped yard in the rear for residents' use. It is ideal for an owner / resident who can take advantage of rental income to defray property expenses.


Details

Listing ID:
NO2537310
Parish
Orleans
Financing
Lease Purchase
Assessment
Lot C
Legal Desc
Square 125, Lot C, Burtheville, Sixth District

Interior

Cooling
Window Units, Central Air
Heating
Other, Central
Lot Dimensions
37.11 / 38 X 75.7 / 79.1

Exterior

Construction
Wood, Stucco, Block
Roof
Other

Location

Directions
Right side of Palmer bw Willow and Claiborne Bounding Streets: S Prieur, Barrett, State
Parish
Orleans
Sub Type:
Multifamily

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