4300 N PRIEUR Street
Property Description
Great investment opportunity in New Orleans! This fully occupied 10-plex generates $7,350 in monthly rental income ($88,200 annually). The property consists of six (6) 2-bedroom, 1-bath units, two (2) 1-bedroom, 1-bath units, and two (2) efficiency apartments. Each unit includes a range/oven. Conveniently located with quick access to I-10, approximately 15 minutes from the French Quarter and Downtown New Orleans, and just 20 minutes from Louis Armstrong New Orleans International Airport. Zoned HI (Heavy Industrial). Features a metal roof and ceramic tile flooring throughout. Improvements include: Insulated attic with Cellulose insulation, newer windows, new siding, all doors are capped and have updated weatherstripping. Excellent opportunity to acquire an income-producing multifamily property with established rental income!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $795,000 |
| No. of Units: | 10 |
| Year Built: | 1981 |
| Lot Size: | 4,398.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $79,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NOMARLA-2582192
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