3215 DRYADES Street

New Orleans, LA
  • Property Type: Multifamily
  • 2,700 sqft

$550,000

Remarks

SELLER FINANCING - interest rate negotiable. Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living space. This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio. Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 20% down, a 30-year amortization, a 3-5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers. The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information.


Details

Listing ID:
NO2538046
Parish
Orleans
Financing
Owner Will Carry
Assessment
412202904
Legal Desc
SQ 279 LOT 4 DRYADES ST 40X120 = 4800 SQ FT DBLE 3215/17 DRYADES ST FILE #17684
Parking:
Parking Lot

Interior

Cooling
Window Units
Heating
Other
Lot Dimensions
40x120

Exterior

Construction
Brick
Lot Size Area
0.11 ac
Roof
Composition

Location

Directions
Bounding Streets: Toledano St & Harmony St
Parish
Orleans
Sub Type:
Multifamily

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