1905 S CARROLLTON Avenue, New Orleans, Louisiana, 70118
$2,795,000
0.28 Acres
#2555174
Discover this incredible opportunity to invest in an apartment building strategically positioned along the iconic New Orleans streetcar route, nestled in the vibrant Uptown/University neighborhood. Picture your tenants effortlessly hopping on the streetcar to commute to work, to attend classes at Tulane or Loyola, or to explore the wonders of Audubon Park.This property offers a prime opportunity to expand your real estate portfolio with a well-established building primed for value enhancement. Featuring 20 inviting one-bedroom apartments, it presents a dynamic investment prospect. What's more, consider the potential of acquiring its sister property at 1710 S Carrollton Ave, boasting an additional 20 one-bedroom units and 4 studio units, to maximize your investment synergy.With the added convenience of coin-operated laundry facilities on-site, this is a compelling opportunity tailor-made for savvy local investors familiar with the lively rhythm of the New Orleans market. MLS#. 2555176
PROPERTY FEATURES
- Business Type : Commercial
- Utilities : Natural Gas Available
- Water Source : Public
- Sewer : Public Sewer
- Current Use : Commercial, Residential
- Zoning : RES
- Construction Materials: Stucco
PROPERTY DETAILS
ID: 2555174
Status: Active
Price: $2,795,000
Acres: 0.28 Acres
Price Per Acre: $10,145,191
Type: Other
Address: 1905 S CARROLLTON Avenue
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70118
Lat/Long: 29.95212, -90.12392
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