4237 FONTAINEBLEAU Drive, New Orleans, Louisiana, 70125
$699,000
5,952 Sqft
9 bd
6 ba
#2543490
Price reduction to $699,000! $7,594 per month actual gross income. 6 unit apartment complex located near Napoleon Avenue and S. Broad Street intersection in New Orleans, LA. All of the units have been renovated to some degree, allowing for a new owner to capture the maximum rents the area will allow for these unit layouts. The property boast a high occupancy rate and the Broadmoor area is highly sought after by prospective tenants. This presents an excellent investment opportunity for local, regional and national investors alike who are looking to expand their New Orleans footprint by purchasing a fully turn key asset in a great neighborhood of New Orleans that will see demand and appreciation for years to come.
PROPERTY FEATURES
- Utilities : Natural Gas Available
- Water Source : Public
- Sewer : Public Sewer
- Cooling on Property:
- Cooling: Window Unit(s)
- Heating on Property:
- Construction Materials: Frame, Stucco
PROPERTY DETAILS
ID: 2543490
Status: Active
Price: $699,000
Type: Multi-family
Address: 4237 FONTAINEBLEAU Drive
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70125
Lat/Long: 29.950029, -90.10582
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