Studio house for sale

New Orleans LA 70116

Overview

1835 Burgundy Street is a one of a kind 8-unit apartment building in the highly sought-after Marigny Triangle market, just blocks from the French Quarter. Each unit is legally described as a separate condominium which provides for an excellent exit strategy for potential buyer. Property is offered in its entirety units 1-8. Each studio unit offers a perfect blend of modern convenience and ample living space. The property includes garage parking and gated security for tenants. Building also includes a large deck on the second floor with view of the French Quarter. Investors will have the opportunity to increase monthly gross income by $2, 800 which includes raising the current rental rates to market as well as renting out the garage space for $200 per month. This is a chance to own an extraordinary asset in one of the best locations in the New Orleans area. Do NOT disturb tenants

Details

  • Beds: 0
  • Baths: 8
  • Price: $1,200,000
  • Reference No.: 72246783
  • Area: 2,680 sqft

Location

New Orleans LA 70116

Studio house for sale

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2024-05-25, Viewed 0 times.