514 SORAPARU Street
Property Description
INVESTOR & DEVELOPER OPPORTUNITY! Priced at appraised value, this historic Irish Channel fourplex offers a compelling opportunity to restore and reposition a multifamily property in one of New Orleans' established neighborhoods. This vacant property requires extensive interior and exterior rehabilitation and is best suited for an experienced investor prepared for a comprehensive renovation. Sold strictly AS-IS, with no seller repairs.The property extends beyond the existing chain-link fence, providing additional lot depth that may not be immediately visible. As a contributing-rated structure within the Irish Channel Local and National Register Historic Districts, the property may also qualify for federal and Louisiana historic rehabilitation tax incentives, subject to applicable requirements and agency approval.Bring your contractor, evaluate the possibilities, and unlock the value-add potential of this "historic New Orleans gem."
Broker Details
HomeSmart Realty South (504) 908-7653
MLS ID: AMBROSEKAT State License Number: 995715250
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $330,000 |
| No. of Units: | 4 |
| Year Built: | 1920 |
| Lot Size: | 2,903.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $82,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-ROAMLA-2579322
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