700 LEBOEUF ST Active Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70114
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,172 sqft
Price per Sqft $106
MLS Listing ID 2495218
Style Traditional
Bedrooms 4
Full Baths 2
Half Baths 2
Year Built 1968
Lot Size 4,774 Sqft
Property Sub-Type Triplex
Property Description
Great investment opportunity just three blocks outside of historic Algiers Point at the corner of picturesque Opelousas Avenue and LeBoeuf Street. The second-floor residential units – both 2-bedroom/1 bath – are already income-producing, while the first-floor commercial space is ready for new tenants. Zoned HU-RD2, the downstairs space is outfitted for commercial use complete with a reception area, 4 spacious private offices, 2 restrooms, and a cozy kitchenette, but it can be converted to fully residential. This 2-story triplex has ample storage and parking and is situated on high ground in an X Flood Zone. The large, paved backyard is perfect for entertaining or business parking. If you're seeking a comfortable live/work space, you may qualify for a HUD 203K or FannieMae Homestyle Loan. An income-producing venture, you can live in one unit and let the rental income pay the mortgage. The zoning designation allows for a mixed-use, providing the freedom to adapt the space to suit your specific needs. The possibilities are endless. It's time to do more than just think about it. Let 2025 be the start of your entrepreneurial dreams.
Location
State LA
County Orleans
Interior
Heating Other
Cooling Window Unit(s)
Laundry In Unit
Exterior
Exterior Feature Fence,Porch
Parking Features Driveway,Three or more Spaces
Pool None
Roof Type Asphalt,Shingle
Building
Lot Description City Lot,Oversized Lot
Foundation Slab
Sewer Public Sewer
Water Public
Others
Special Listing Condition None