131 S NORMAN C FRANCIS Parkway, New Orleans, Louisiana, 70119
$3,900,000
8,850 Sqft
0.46 Acres
27 bd
33 ba
#2563853
131 S. Norman C. Francis Parkway presents a rare opportunity to acquire a turnkey, 20-unit historic multifamily property in the heart of Mid-City. Beautifully renovated in 2018, this well-maintained asset blends historic New Orleans character with modern amenities.Each apartment features hardwood floors, in-unit washer and dryer, dishwasher, and updated finishes designed to attract and retain quality tenants. The property also offers valuable off-street parking, an increasingly desirable amenity in this highly walkable neighborhood.Ideally situated along the Norman C. Francis corridor, the property is just blocks from Trader Joe's, Rouses Market, the Canal Street streetcar line, Bayou St. John, City Park, the Lafitte Greenway, restaurants, shopping, and many of Mid-City's most popular attractions.A stabilized, income-producing investment in one of New Orleans' most sought-after neighborhoods. Rent roll and financial information available upon request.
PROPERTY FEATURES
- Utilities : Natural Gas Available
- Water Source : Public
- Sewer : Septic Tank
- Parking Features: Off Street
- Cooling on Property:
- Cooling: Central Air, Wall Unit(s), Ductless
- Heating on Property:
- Heating : Central
- Construction Materials: Stucco
- Laundry Features : Electric Dryer Hookup, In Unit
- Green Energy Efficient : Insulation
PROPERTY DETAILS
ID: 2563853
Status: Active
Price: $3,900,000
Acres: 0.46 Acres
Price Per Acre: $8,522,727
Type: Multi-family
Address: 131 S NORMAN C FRANCIS Parkway
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70119
Lat/Long: 29.969646, -90.095261
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