1431 ST ANDREW ST Active

New Orleans,LA 70130

$ 1595000

0 Bed

0 Bath

5069 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,069 sqft

Price per Sqft $314

MLS Listing ID 2489765

Year Built 1909

Lot Size 7,318 Sqft

Property Description

NEW RENT ROLLS WITH $1,100 total monthly Increase. Lower garden district just steps from Prytania and St. Charles. Rent at 10,600 per month. Aditional income potential is dormant from 2 laundry areas and gated parking. Ask agent for most updated rent roll. This meticulously maintained 9 plex is fully occupied with month to month tenants. Space has been maximized for income! Automatic gate with off street parking 7 cars. Separate electric meters with exception of Property Manager's Unit and communal area/hallways. Central HVAC or ductless in most units. Many original details include heart of pine floors, 12ft ceilings, and trim throughout. Kitchens have granite counters, refrigerators, microwave, dishwashers (most units) and Oven/ranges. Tenants have use of 2 Laundry rooms located conveniently on each level. Most units have private balconies/porches. X zone flood. Roof 2020/2021 8 Electric Meters/Shared Water. Very Well maintained. While this may not be approved for Short Term Rentals, Extended Medical Residences would be a perfect fit.

Location

State LA

County Orleans

Community Common Grounds/Area

Zoning Comm

Exterior

Parking Features Off Street,Parking Lot,Three or more Spaces

Community Features Common Grounds/Area

Building

Lot Description City Lot,Oversized Lot

Dwelling Type Mixed Use

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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