$475,000
2201 ANNETTE ST New Orleans, LA 70119
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$475,000
Est. payment /mo
3,016 SqFt
Active
2201 ANNETTE ST New Orleans, LA 70119
UPDATED:
07/08/2024 08:02 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,016 sqft
Price per Sqft $157
Subdivision Rural Tract (No Subd)
MLS Listing ID 2024002938
Construction Status 51-75 Years
Lot Size 6,534 Sqft
Lot Dimensions 110 x 60
Property Description
Now available for sale, 2201 Annette St is a 100% occupied, �3,016 SF fourplex within a neighborhood characterized by vibrant growth and transformation. This property is unique in the neighborhood for its multifamily zoning (HU-RD2). The complex presents a lucrative opportunity for investors through strong cash flow and potential for rent increases through value-add cosmetic and amenity upgrades. Annette St is nestled in an area rapidly developing with new constructions and renovations and near St Bernard Ave, making it highly attractive for tenants. Tenants will benefit from proximity to essential city landmarks, including the Faubourg Marigny, the Fairgrounds, St Roch Market, and the French Quarter, enhancing the living experience. Additionally, the property offers convenient �3 minute access to I-10.
Location
State LA
Parish Orleans
Area No Area
Building
Construction Status 51-75 Years
Schools
School District Orleans Parish
Listed by Elifin Realty
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