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27200600
27200599

3206 St Charles Ave, New Orleans, LA 70115

RW
LA LA BROK.995704349-ASA, MS MS 23788
NAI Rampart
AP
LA LA 0995688338
NAI Rampart
Listed by NAI Rampart
$2,400,000
252 days on market
Updated 69 days ago

3206 St Charles Ave

Details
APN 412104702
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,922
Units 8
Price per SqFt $347
Acreage 0.190
Zoning HU-RM1 Historic Urban Multi Family Residential District

Prime Multifamily Opportunity | St Charles Ave (New Orleans, LA)

Marketing description

Presenting a rare opportunity to acquire a uniquely positioned multifamily property at 3206 St. Charles Avenue, located in the prestigious Garden District of New Orleans. Situated directly on the iconic St. Charles Avenue streetcar line, this ±6,922 SF building spans two addresses (3206 and 3208 St. Charles Ave.), and features eight (8) residential units with a flexible mix of studio and one-bedroom layouts. Sited on ±8,215 SF of land, the property is ideal for investors seeking a unique multifamily asset with future value-add potential or owner-occupants looking for supplemental rental income. With its classic curb appeal, this Garden District gem benefits from consistent occupancy and excellent walkability to dining, shopping, and entertainment.

The property is currently zoned HU-RM1 (Historic Urban Multi-Family Residential District). All measurements are approximate/not guaranteed and are to be verified by the purchaser. Zoning, Overlays, and Intended Use are to be verified by the purchaser. Property to be sold in “as is, where is" condition with a Waiver of Redhibition to be executed and made part of the sale documents.

Please do not tour the property without the listing agents being present, and DO NOT disturb the current tenants. Need 24 hours' notice to show. Call/Email agents to schedule appointments. For additional information regarding tenants, leases, or financials, please contact the listing agents. All measurements are approximate/not guaranteed and are to be verified by the purchaser. Zoning, Overlays, and Intended Use are to be verified by the purchaser. Property to be sold in “as is, where is" condition with a Waiver of Redhibition to be executed and made part of the sale documents. Excess land/side yard and an existing/historic curb cut may provide a potential opportunity for additional parking, subject to City of New Orleans approvals. Owner and Broker make no representations or guarantees as to parking legality, permitting, or feasibility, and all parties should rely on their own due diligence and direct verification with the City of New Orleans.

The Garden District is a neighborhood of the city of New Orleans, Louisiana, United States. A subdistrict of the Central City/Garden District Area, its boundaries as defined by the New Orleans City Planning Commission are: St. Charles Avenue to the north, 1st Street to the east, Magazine Street to the south, and Toledano Street to the west. The National Historic Landmark district extends a little farther. The area was originally developed between 1832 and 1900 and is considered one of the best-preserved collections of historic mansions in the Southern United States.

Listing Contacts

RW
LA LA BROK.995704349-ASA, MS MS 23788
NAI Rampart
AP
LA LA 0995688338
NAI Rampart
Listed by NAI Rampart

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Additional Information

Name
Reed Wiley, CCIM
License
LA BROK.995704349-ASA
Name
Alex Peet
License
LA 0995688338
Brokerage
NAI Latter & Blum
Title
Agent
Brokerage Address
430 Notre Dame Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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