1905 FRANCE Street
Property Description
LIKE NEW six-unit multifamily property renovated in 2022 with a focus on durability, efficiency, and ease of ownership. Major systems-including electrical, plumbing, roofing, siding, and complete interiors -were updated to reduce ongoing maintenance and management costs and fire walls were added for safety. Very profitable and fully leased, it has a fantastic Cash on Cash Return of 9.97%. Each 1BD/1BA unit features modern finishes and practical design choices aimed at long-term performance. Ideal for investors seeking predictable returns without the upkeep headaches, this turn-key asset offers a low-hassle path to rental income in the New Orleans market. Each unit has an assigned parking space as well as its own water meter and electric meter. There is no gas to the property. CALL BLAINE TODAY FOR MORE DETAILS!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $625,000 |
| No. of Units: | 6 |
| Year Built: | 2022 |
| Lot Size: | 3,100.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $104,167 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NOMARLA-2540785
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