401, NEW ORLEANS, LA 70121
$60,833+/Unit
Commercial property for sale
Added: 07/18/2011
Last Update: 07/17/2012
401
NEW ORLEANS, LA
70121 US
Contact info
- 504-456-1234 [Office]
Description
FIVE SEPARATE BUILDINGS LOCATED @ 401,403,405 SHREWSBURY & 3117 ARLINGTON. TOTAL OF 18 UNITS IN 5 SEPARATE BUILDINGS NEAR JEFFERSON HIGHWAY, RIVER ROAD, CAUSEWAY BLVD & THE CBD. LOCATED IN QUAINT SINGLE FAMILY NEIGHBORHOOD IN WALKING DISTANCE TO LEVEE. SEPARATE BUILDING WITH MGR/OWNER OFFICE AND LAUNDRY FACILITIES. PLENTY OF PARKING. DID NOT FLOOD EXCEPT FOR 1 UNIT HAD 1/2 INCH. PITCHED ROOF APPROX. 3 YRS. NEW. FLOOD INSURANCE ASSIGNABLE. OWNER MAY FINANCE VIA BOND FOR DEED W $500,000 DOWN PAYMENT. APPROX.$150,000 ANNUAL GROSS INCOME. Building price details: $1,095,000.
Property Details
- Type: Multifamily
- Status: Available
- Year Built: 1960
- Submarket: Central Business District
- MSA: New Orleans-Metairie-Kenner
- Zoning: R-2
- Buildings: 5
- Broadband Internet: Cable, DSL, Satellite, Dialup
- ConstructionBrick
Exterior Features
- Parking: Yes
- Parking Spaces: 18
- Parking Type: Surface
Terms
- Owner Financing