7836 St Charles Ave
Multifamily | 4 Units
Marketing description
Trophy Uptown 4-Plex on St Charles Avenue just steps from Audubon Park and Tulane and Loyola universities. All units are spacious and feature central air and heat, hardwood floors, ample natural light and generously sized bedrooms and living areas. The building has off-street parking, on-site laundry and a metal roof. All utilities are separately metered. Current rents are below market. Off-street parking available, 100% occupied.
Uptown New Orleans is a prominent and historic submarket characterized by its blend of residential, commercial, and cultural appeal. Known for its charming streets lined with oak trees, grand historic homes, and vibrant commercial corridors, This submarket home to a mix of local boutiques, restaurants, and national retailers. Its proximity to Tulane and Loyola universities adds to the area's dynamic atmosphere, attracting students, professionals, and families alike. The area benefits from convenient access to public transportation, including the iconic St. Charles Avenue streetcar, and is a sought-after location due to its strong sense of community, aesthetic appeal, and strateg.
Introducing an exceptional trophy asset - a 7,615 SF multifamily property on the historic St. Charles Avenue. This historic property has 4 units, well-maintained, spacious, well-designed oor plans and off-street parking. 100% occupied with strong rental demand due to proximity to universities and Audubon park. With rent currently below market and strong demand, this property presents an enticing prospect for an investor to stablize rental rates to market and/or plan for a condo conversion.
Investment highlights
7,615 SF building with 4 units
Prime location in New Orleans on Historic St. Charles Avenue
100% occupancy, stable rental income
Off street parking
Great investment opportunity with strong rental demand
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