1905 FRANCE Street, New Orleans, Louisiana, 70117

Listed by Team Tatje Realtors, LLC, Blaine Tatje
$625,000
3,012 Sqft
6 bd
6 ba
#2540785
~~SPECIAL INVESTOR FINANCING AVAILABLE! This 6-unit property may qualify for a DSCR loan with up to 75% LTV, 30-year financing options, LLC borrowers allowed, and a minimum 1.15 DSCR. A great opportunity to acquire a multifamily investment without relying solely on traditional commercial financing. Ask us for details!~~LIKE NEW six-unit multifamily property renovated in 2022 with a focus on durability, efficiency, and ease of ownership. Major systems—including electrical, plumbing, roofing, siding, and complete interiors —were updated to reduce ongoing maintenance andmanagement costs and fire walls were added for safety. Very profitable and fully leased, it has a fantastic Cash on Cash Return of 9.97%. Each 1BD/1BA unit features modern finishes and practical design choices aimed at long-term performance. Ideal for investors seeking predictable returns without the upkeep headaches, this turn-key asset offers a low-hassle path to rental income in the New Orleans market. Each unit has an assigned parking space as well as its own water meter and electric meter. There is no gas to the property. CALL BLAINE TODAY FOR MORE DETAILS!

PROPERTY FEATURES

  • Utilities : Natural Gas Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Features: Assigned, Off Street
  • Cooling on Property:
  • Cooling: Window Unit(s)
  • Heating on Property:
  • Construction Materials: Brick
  • Flooring : Tile
PROPERTY DETAILS
ID: 2540785
Status: Active
Price: $625,000
Type: Multi-family
Address: 1905 FRANCE Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70117
Lat/Long: 29.973634, -90.030773
Presented By: Blaine Tatje
Phone:
Email: Click to Contact