936 Esplanade Ave, New Orleans, LA 70116

$1,199,000
6
BD
3,790
SqFt

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List Price
$1,199,000
MLS#
2551909
Status
ACTIVE
Type
Multifamily
Style
Creole
Stories
2
Bedrooms
6
Half-baths
1
Living Area
3,790
Parish
Orleans

Property Description

Exquisite French Quarter Complex! Fully Rented! Add this gorgeous apartment complex to your investment portfolio! Location, Location, Location! Truly a stunning property boasting a collection of 5 beautifully renovated apartments. Nestled on a desirable tree lined block on the corner of Burgundy and Esplanade and across the street from Melrose Mansion and near the dog park! The property features a LARGE charming courtyard, and a front balcony. Renovated in 2020, the building exudes modern elegance while retaining its historic charm. With its prime location, these desirable apartments are easily rented, making this property a fantastic investment opportunity. Units 101, 102, 103, 201 and 202 are all rented with the most incredible stable tenants. The large primary unit (unit 102) features 2 LARGE bedroom suites each with connecting bath, dressing room with an abundance of closets, 2.5 baths, enormous chef's kitchen, formal living and dining rooms spanning two stories with 1756 square feet of living space and can be combined with the rear unit for additional bedrooms. Historic fireplace mantels and tall ceilings. There are an additional four easily rentable one-bedroom and one-bath studio units within the building. Laundry on site. 4 electric meters and one water meter.. Units 101, 102, 103, 201 and 202 are stable tenants and each unit last rented within one week on the market! Desirable location on Esplanade and Burgundy!

Additional Information

Exterior Features
Balcony, Courtyard
Roof
Other
Sewer
Public Sewer
Water
Public
Pool Description
None
Heating
Central, Ductless, Other, Wall Furnace
Cooling
Central Air, Ductless, Window/Wall, Wall Units

Mortgage Calculator

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Calculator source: Real Geeks

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