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Key Details
Sold Price $885,000
Property Type Multi-Family
Sub Type Apt Complex (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $153
MLS Listing ID 2023012576
Sold Date 05/22/23
Lot Size 5,662 Sqft
Property Sub-Type Apt Complex (5+ Units)
Property Description
This 8-unit investment property is currently 100% occupied. All units are 1 bedroom / 1 bath. The property is located in Milan neighborhood, known for its central location adjacent to Central City and near major streets including St Charles Ave, Magazine St, Jackson Ave, and more. Milan is equipped with numerous tenant-drawing amenities such as streetcar access along St. Charles Ave (lower boundary of the neighborhood), green spaces at Samuel Square and Saratoga Playspot, several schools, and restaurant / shopping hotspots. • 100% Occupied • All units are 1 bedroom / 1 bath • Located in Milan neighborhood • Centrally located near major streets and tenant-drawing amenities ***To access the FINANCIALS (rent roll, income, expense, etc.), please navigate to https://elifinrealty.com/deals/?propertyId=fully-occupied-multifamily-investment-in-milan-neighborhood-1928-louisiana-ave-new-orleans-la-70115 and click “Documents," then "Offering Memorandum". From there, you'll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don't already have an account, you can create one for free.***
Location
State LA
County Orleans
Interior
Heating Other
Cooling Window Unit(s)
Appliance Range/Oven
Exterior
Private Pool false
Building
Foundation Other
Sewer Public Sewer
Schools
Elementary Schools Orleans Parish
Middle Schools Orleans Parish
High Schools Orleans Parish
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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