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2825 Amelia Street

New Orleans, LA 70115
  • $2,350,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 2371188
UPDATED: 66 min ago
$2,350,000
  • 58
    BEDS
  • N/A
    ACRES
  • 28
    BATHS
  • 6
    1/2 BATHS
  • 22,254
    SQFT
  • $106
    $/SQFT
Type:
Multi-Family
County:

School Ratings & Info

Description

This property (10 units) is a part of a 28-unit multi-family portfolio. The two other sites are 1300 Bolo Court (10 units) and 1601 Lesseps Street (8 units). This unique, full-occupancy portfolio presents an attractive investment opportunity with tremendous in-place cash flow, 9.23% cap. Approximately 38 total offstreet parking spaces are provided for the tenants. Their proximity to both the surrounding neighborhoods and multiple retailers, schools and places of work provide stability and rent appreciation.

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Broker and Associates are licensed in the State of Louisiana, USA.
Turner Real Estate Group || (985) 626-1313 || Mandeville, LA.

Terms & Conditions
© 2022 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Turner Real Estate Group. Data last updated: 2022-12-05T18:34:32.157.
www.localnorthshorerealestate.com/homes/134662773
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2825 Amelia Street New Orleans, LA 70115

  • Price: $2,350,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 66 min ago
  • MLS #: 2371188
58
Beds
28
Baths
6
½ Baths
N/A
Acres
22,254
SQFT
$106
$/SQFT
County:
Orleans
Property Description
This property (10 units) is a part of a 28-unit multi-family portfolio. The two other sites are 1300 Bolo Court (10 units) and 1601 Lesseps Street (8 units). This unique, full-occupancy portfolio presents an attractive investment opportunity with tremendous in-place cash flow, 9.23% cap. Approximately 38 total offstreet parking spaces are provided for the tenants. Their proximity to both the surrounding neighborhoods and multiple retailers, schools and places of work provide stability and rent appreciation.
Exterior Features

Construction Materials Brick Foundation Details Slab Lot Features City LotRectangular Lot Lot Size Dimensions 37553 Parking Features Three Or More Spaces Roof Shingle

Interior Features

Cooling Central Air Heating Central Heating YN Yes

Property Features

Architectural Style Other Cooling YN Yes Levels Three Or More New Construction No Property Condition Repairs CosmeticVery Good ConditionResale Property Sub Type Apartment Sewer Public Sewer Special Listing Conditions None Watersource Public

Listing courtesy of Gulf South Real Estate Information Network.
Listing provided courtesy of Mason W Mccullough of The Mcenery Company: (504) 274-2701.



Broker and Associates are licensed in the State of Louisiana, USA.
Turner Real Estate Group || (985) 626-1313 || Mandeville, LA.

Terms & Conditions
© 2022 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Turner Real Estate Group. Data last updated: 2022-12-05T18:34:32.157.
 
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Turner Real Estate Group
111 N Causeway Blvd, Suite 101
Mandeville LA, 70448