$378,250
Active
35 Days Online
4 Beds2 Baths1,790 SQFT
Active

1936-38 Saint Philip Street New Orleans, LA 70116

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Sold as a package deal along with 910-12 N Prieur, 914-916 N Prieur and 1900 St Philip. $1, 499, 000. Owner Financing/Bond for Deed options available. This 7-Unit Multifamily Portfolio is comprised of three duplexes and one single family home all within one city block. The properties are centrally located in a high growth area of Treme. The location is minutes from downtown and the French Quarter with easy access to I-10 and US-90. Blocks from University Medical Center and the VA Hospital. All four properties have undergone full renovations in the past year including roofs, electrical and plumbing. All three duplexes have and/or are being rented to long term tenants with projected rents totaling $8200/month. The single family home is currently a STR with projected monthly rental income of $4000-$6000. LLC can be purchased and includes a cost segregation study with a sizable first year deduction. Inquire for more details.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyOrleans
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site34 Days
  • MLS StatusActive
  • MLS ID Number2453297
  • Home Size Source Appraiser
  • Year Built1961
  • Lot Size0 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Construction Vinyl SidingWood Siding
  • Parking None
  • Sewer Public Sewer
  • Number of Stories 11
  • Acreage 0
  • Water Public
  • Cross Street N Prieur & N Roman
  • Property Sub Type Duplex
  • Foundation Raised

Interior Features

  • Cooling Window Units
  • Heating Window Unit
  • Laundry Features In Unit

Exterior Features

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

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Monthly Payment (Est.)

$1,830
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