3821 23 CLEVELAND AVE Pending Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70119
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,704 sqft
Price per Sqft $111
MLS Listing ID 2507771
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 $111.61 per sq ft!! Full occupancy monthly revenue is $6650 and all units are currently rented and always very easy to rent with multiple applications submitted. 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