2331 Magazine St, New Orleans, LA 70130
- $2,520,000
- 16
- BD
- 9,875
- SqFt
- List Price
- $2,520,000
- MLS#
- 2575779
- Status
- ACTIVE
- Type
- Multifamily
- Style
- Other
- Stories
- 3
- Bedrooms
- 16
- Acres
- 0.23
- Living Area
- 9,875
- Parish
- Orleans
Property Description
100% occupied, producing $17825/month gross rental income. Value add opportunity in A+ location on Magazine Street with ability to increase rents 30-40% (increase to $21,795/month) with minor cosmetic renovations. 2331-33 Magazine St, New Orleans, LA 70130. Historic multifamily in the Garden District on Magazine Street. Two connected three-story wood-frame buildings with 16 one-bedroom units totaling approximately +/-9,875 Gross SF on an approximately +/-9,148 SF lot. Frontage on the Magazine Street corridor. Close proximity to restaurants, retail, entertainment, and cultural amenities. St. Charles Avenue streetcar line within walking distance. Rear parking. Tenant-paid utilities. All information is deemed reliable but not guaranteed; buyer and buyer’s agent to verify.
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Additional Information
- Exterior Features
- Balcony, Fence
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Pool Description
- None
- Heating
- Window Unit(s)
- Cooling
- Window/Wall
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