Listed by Elifin Realty - New Orleans, LA
$799,000
Eight-Unit Investor Opportunity Near St Charles Ave
Details
APN 412200701
Property Type Multifamily
Sub Type Apartment Building, Duplexes
Units 8
Buildings 4
Stories 1
Acreage 0.250
Zoning HU-RD2 - Historic Urban Two-Family Residential District
Multifamily | 8 Units | $106,250/unit
Marketing description
Investor Special: The offering includes four 2-bed, 1-bath adjacent duplexes located at 2901, 2905, 2909, and 2915 Baronne Street in New Orleans, totaling 8 residential units. The portfolio represents a value-add opportunity with upside through renovation, lease-up, and stabilization.
Current vacancies allow a buyer to implement upgrades and achieve market rents without displacing tenants.
Upon stabilization, the portfolio offers potential for enhanced cash flow, forced appreciation, and multiple exit strategies, including long-term rental hold or resale. The assets benefit from a central location with consistent rental demand and strong investor liquidity.
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Listing Contacts
Listed by Elifin Realty - New Orleans, LA
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