728 DESIRE Street, New Orleans, Louisiana, 70117
$999,000
4,480 Sqft
0.19 Acres
6 bd
8 ba
#2488071
NEW REDUCED PRICE! Great opportunity to purchase a high occupancy multi-family apartment building in the Bywater Neighborhood in New Orleans. The improvements consist of 4,495 SF of rentable space, with a total of 6 apartments with off-street parking. The building was gutted and completely renovated in 2019, is well maintained, and has stabilized in-place cash flow. The location and proximity to the surrounding neighborhoods and the direct proximity of multiple retailers, schools, and places of work provide stability and rent appreciation. May be sold as a package along with 3400 Dauphine, and 725-27 Desire which are also listed for sale.
PROPERTY FEATURES
- Utilities : Natural Gas Not Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Off Street
- Parking Total: 3
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Central
- Construction Materials: Brick
- Laundry Features : Electric Dryer Hookup, In Unit
- Green Energy Efficient : Insulation
PROPERTY DETAILS
ID: 2488071
Status: Active
Price: $999,000
Acres: 0.19 Acres
Price Per Acre: $5,181,535
Type: Multi-family
Address: 728 DESIRE Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70117
Lat/Long: 29.963353, -90.041791
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