$799,000
Active
140 Days Online
10 Beds5 Baths4,500 SQFT
Active

1714-16 Marais Street New Orleans, LA 70116

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SELLER FINANCE OFFERED. 10.6% downpayment. Reach out for additional terms. 1714-16 Marais Street is a 5-unit apartment complex that was recently constructed in 2022 and currently fully occupied. Nestled in a highly sought-after location that is minutes from the French Quarter, Treme, and Bywater, this property seamlessly combines luxury, convenience, and smart investment potential. The 3-story building consists of five (5) 2 bedroom1 bathroom units that are each approx. 900 square feet each. The immediate return on investment isevident as all five units are currently leased, offering a stable and predictable income stream. The building's construction prioritizes low maintenance, utilizing high-quality materials and energy-efficient features, ensuring minimal upkeep and reduced utility costs. Additionally, the property boasts low insurance costs due to its adherence to the latest safety standards and age of new roof. This investment promises long-term success, withthe property poised for significant appreciation over time. Schedule your viewing today andsecure your stake in this exceptional investment opportunity.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyOrleans
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site139 Days
  • MLS StatusActive
  • MLS ID Number2428209
  • Home Size Source Appraiser
  • Year Built2022
  • Lot Size0 Acres
  • Full Baths5
  • Partial BathsN/A

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General Features

  • Style Other
  • Parking None
  • Sewer Public Sewer
  • Number of Stories 3Three Or More
  • Acreage 0
  • Water Public
  • Cross Street St Claude & St Bernard
  • Property Sub Type Apartment
  • Foundation Slab
  • Property Condition New Construction

Interior Features

  • Cooling Central Air
  • Heating Central

Exterior Features

  • Roof Shingle
  • Pool Features None
  • Lot City LotRectangular Lot

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Monthly Payment (Est.)

$4,261
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