$548,000
Active
99 Days Online
5 Beds5 Baths3,914 SQFT
Active

2835 37 General Pershing Street New Orleans, LA 70115

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This bright and cheerful Arts and Crafts multifamily property is a solid income-producing investment with excellent long-term tenants. Located in the Uptown neighborhood, conveniently near the intersection of Claiborne and Napoleon Ave, the five-unit building is always in high demand. Tenants have easy access to the universities, public transportation by bus, Oschner Baptist Hospital and the surrounding medical corridor, plus a quick car commute via Claiborne Ave to I-10, downtown New Orleans, or Jefferson Parish. Originally a fourplex, the main building has four 1 bed/1 bath units with large kitchens, high ceilings, wood floors, and fun original details with modern updates in all apartments. The large front porch creates a wonderful shady area for the first floor units, while upstairs shares a large divided balcony. The gated entrance on the Willow St side brings tenants to a newer rear addition with shared laundry room and the large studio apartment. Use of the laundry facilities and water is included in all front tenants' rent while studio apartment rent includes laundry and all utilities. Unit 2835-B has exclusive use of driveway, but the large corner lot usually provides ample street parking for tenants and guests. This property is being sold subject to the existing leases. 48 hours notice is required for all showings. Please do not disturb the tenants or enter rear gate without an appointment.

  • Property TypeMulti-Family
  • NeighborhoodNot A Subdivision
  • CountyOrleans
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site99 Days
  • MLS StatusActive
  • MLS ID Number2437570
  • Home Size Source N/A
  • Year Built1912
  • Lot Size0 Acres
  • Full Baths5
  • Partial BathsN/A

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General Features

  • Style Craftsman
  • Construction Vinyl SidingWood Siding
  • Parking DrivewayOne Space
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0
  • Water Public
  • Cross Street Napoleon Ave, Milan St, Willow St, Clara St
  • Property Sub Type Apartment
  • Foundation Raised

Interior Features

  • Cooling Central AirWindow Units
  • Heating CentralOther
  • Laundry Features Common Area

Exterior Features

  • Roof Shingle
  • Pool Features None
  • Exterior BalconyFencePorch
  • Lot Corner LotCity Lot
  • Patio And Porch BalconyPorch

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Monthly Payment (Est.)

$2,876
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