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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Richard W. Hébert

Richard W. Hébert

+1(504) 617-5184
Listed byBridgewater Realty Advisors • Bryce A Danna-Marullo • 504-901-0463
$ 2,520,000
Est. payment | /mo

16 Beds

16 Baths

9,875 SqFt

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

16 Beds

16 Baths

9,875 SqFt

Key Details

Property Type Other Types

Sub Type Multifamily 5+

Listing Status Active

Purchase Type For Sale

Square Footage 9,875 sqft

Price per Sqft $255

MLS Listing ID 2575779

Style Other

Bedrooms 16

Full Baths 16

HOA Y/N No

Year Built 1860

Acres 0.23

Lot Dimensions 30x150x30x150

Property Sub-Type Multifamily 5+

Source ROAM MLS

Land Area 9875

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 +/-9,875 Gross 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

Area 0.23

Interior

Cooling Window Unit(s)

Fireplace No

Exterior

Parking Features Assigned, Off Street

Utilities Available Natural Gas Available

Garage No

Building

Lot Description Other

Foundation Raised

Water Public

Architectural Style Other

New Construction No

Others

Tax ID 411203905

Virtual Tour https://www.propertypanorama.com/instaview/roam/2575779

ROAM MLS

Nearby Locations

Richard W. Hébert

"Sharing New Orleans' story, one home at a time."

+1(504) 617-5184

richard@richardhebertrealtor.com

617 Julia St, New Orleans, LA 70130, USA

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2331 MAGAZINE ST