1835 Burgundy Street New Orleans, LA 70116
1835 Burgundy Street is a one of a kind 8-unit apartment building in the highly sought-after Marigny Triangle market, just blocks from the French Quarter. Each unit is legally described as a separate condominium which provides for an excellent exit strategy for potential buyer. This is an great opportunity for a buyer to purchase 8-unit package, sell (6) of the condos at market value ($200k) to recoup total investment, and then keep (2) of the condos as an owner's unit or as rental units. Property is offered in its entirety units 1-8. Each studio unit offers a perfect blend of modern convenience and ample living space. The property includes garage parking and gated security for tenants. Building also includes a large deck on the second floor with view of the French Quarter. Investors will have the opportunity to increase monthly gross income by $2, 800 which includes raising the current rental rates to market as well as renting out the garage space for $200 per month. This is a chance to own an extraordinary asset in one of the best locations in the New Orleans area. Do NOT disturb tenants
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyOrleans
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site25 Days
- MLS StatusActive
- MLS ID Number2450132
- Home Size Source N/A
- Year Built1982
- Lot Size0 Acres
- Full Baths8
- Partial BathsN/A
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General Features
- Style Other
- Construction Brick
- Parking Garage
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0
- Water Public
- Security Closed Circuit Camera(s)
- Cross Street Pauger & St Anthony
- Property Sub Type Apartment
- Foundation Slab
Interior Features
- Cooling Window Units
- Heating Window Unit
- Laundry Features Common Area
Exterior Features
- Roof Shingle
- Pool Features None
- Exterior BalconyFence
- Lot Corner LotCity Lot
- Patio And Porch Balcony
Community Features
- Security Features Closed Circuit Camera(s)