3821 23 CLEVELAND AVE Active

New Orleans,LA 70119

$ 525000

11 Beds

7 Baths

4704 SqFt


Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,704 sqft

Price per Sqft $111

MLS Listing ID 2489189

Style Traditional

Bedrooms 11

Full Baths 7

Year Built 1928

Lot Size 4,948 Sqft

Property Sub-Type Other

Property Description

Fantastic opportunity to own a positive-cash-flow producing 5 plex in a high-demand Mid City location right off Canal Street and the streetcar line. Only $115.86/sq ft!! Full occupancy monthly revenue is $6650. (One unit is currently vacant by choice for showings.) All windows in the building have been replaced; there is a shared laundry area, and off street parking for 2 cars. Also, separate gas and electric meters; owner pays water. Central AC/heat in all units except for one (bottom unit 3821C) which has a mini split and window units. The building offers many appealing architectural features: high ceilings, wood floors, antique mantles, exposed brick, clawfoot tubs, no carpet. A great buy!

Location

State LA

County Orleans

Interior

Heating Central,Window Unit

Cooling Central Air,Window Unit(s)

Laundry Common Area

Exterior

Parking Features Off Street

Pool None

Roof Type Asphalt,Shingle

Building

Lot Description City Lot,Rectangular Lot

Foundation Slab

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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