1609 1613 BARONNE Street, New Orleans, Louisiana, 70113

Listed by Anthony Posey Properties, Inc, Anthony Posey
$3,900,000
20,000 Sqft
0.09 Acres
#2579348
INCOME-PRODUCING NEW ORLEANS INVESTMENT OPPORTUNITY — 10 UNITSAn income opportunity in one of New Orleans’ most desirable and walkable locations. Just steps from St. Charles Avenue and the Lower Garden District, this versatile 10-unit property offers a combination of short-term/Airbnb and residential rental income, creating multiple potential revenue streams for the investor. According to the attached financial information, commercial and residential income averages approximately $79,000, with other operating expenses detailed in the accompanying documentation.Now think beyond today’s numbers. Ten units. Multiple income streams. One exceptional location. Whether you're looking to add an income-producing property to an existing portfolio or want the opportunity to live in one unit while the other units generate income, this property offers flexibility for a variety of investment strategies.And then there is the location. St. Charles Avenue. The Lower Garden District. New Orleans.This property places residents and guests in the heart of one of the city's most recognizable neighborhoods, surrounded by restaurants, entertainment, culture, transportation, and the unmistakable lifestyle that makes New Orleans unique.10 units. Multiple income opportunities. Prime New Orleans location. This could be the income opportunity your portfolio has been waiting for. Don't miss it. NDA AND PROOF OF FUNDS REQUIRED PRIOR TO SHOWING.Serious and qualified buyers only. All income, expenses, occupancy, rental information, measurements, zoning, permitted uses, licenses, short-term rental status, and other property information must be independently verified by the purchaser. Information is believed to be reliable but is not guaranteed. bring offers and ideas

PROPERTY FEATURES

  • Business Type : Commercial, Hotel/Motel, Other
  • Utilities : Natural Gas Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Current Use : Commercial, Residential, Other
  • Zoning : HU-MU
  • Construction Materials: HardiPlank Type, Other
PROPERTY DETAILS
ID: 2579348
Status: Active
Price: $3,900,000
Acres: 0.09 Acres
Price Per Acre: $41,622,199
Type: Other
Address: 1609 1613 BARONNE Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70113
Lat/Long: 29.939663, -90.078925
Presented By: Anthony Posey
Phone:
Email: Click to Contact