2331 MAGAZINE ST, New Orleans, LA 70130
2331 MAGAZINE ST, New Orleans, LA 70130
2331 MAGAZINE ST, New Orleans, LA 70130
2331 MAGAZINE ST, New Orleans, LA 70130
2331 MAGAZINE ST, New Orleans, LA 70130
2331 MAGAZINE ST, New Orleans, LA 70130
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$ 2,520,000
Est. payment | /mo

16 Beds

16 Baths

9,786 SqFt

Save
$ 2,520,000
Est. payment | /mo
Save

16 Beds

16 Baths

9,786 SqFt

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 9,786 sqft

Price per Sqft $257

MLS Listing ID 2575779

Style Other

Bedrooms 16

Full Baths 16

Construction Status Very Good Condition

HOA Y/N No

Year Built 1860

Lot Size 9,801 Sqft

Acres 0.225

Property Sub-Type Apartment

Property Description

100% occupied, producing $17825/month gross rental income. Value add opportunity in A+ location on Magazine Street with ability to increase rents 30-40% (increase to $21,795/month) with minor cosmetic renovations. 2331-33 Magazine St, New Orleans, LA 70130. Historic multifamily in the Garden District on Magazine Street. Two connected three-story wood-frame buildings with 16 one-bedroom units totaling approximately +/-9,786 SF on an approximately +/-9,148 SF lot. Frontage on the Magazine Street corridor. Close proximity to restaurants, retail, entertainment, and cultural amenities. St. Charles Avenue streetcar line within walking distance. Rear parking. Tenant-paid utilities. All information is deemed reliable but not guaranteed; buyer and buyer's agent to verify.

Location

State LA

County Orleans

Interior

Heating Window Unit

Cooling Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Balcony, Fence

Parking Features Assigned, Off Street

Pool None

Water Access Desc Public

Roof Type Shingle

Porch Balcony

Building

Lot Description City Lot, Rectangular Lot

Entry Level Three Or More

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories Three Or More

Construction Status Very Good Condition

Others

Tax ID 411203905

Special Listing Condition None

Nearby Locations

Richard W. Hébert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(504) 617-5184

richard@richardhebertrealtor.com

617 Julia St, New Orleans, LA 70130, USA

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2331 MAGAZINE ST