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$ 2,550,000
Est. payment | /mo
6,922 SqFt
$ 2,550,000
Est. payment | /mo
6,922 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,922 sqft
Price per Sqft $368
MLS Listing ID 2529938
HOA Y/N No
Year Built 1898
Lot Size 8,215 Sqft
Acres 0.1886
Property Description
Presenting a rare opportunity to acquire a uniquely positioned multifamily property at 3206 St. Charles Avenue, located in the prestigious Garden District of New Orleans. Situated directly on the iconic St. Charles Avenue streetcar line, this ±6,922 SF building spans two addresses (3206 and 3208 St. Charles Ave.), and features eight (8) residential units with a flexible mix of studio and one-bedroom layouts. Sited on ±8,215 SF of land, the property is ideal for investors seeking a unique multifamily asset with future value-add potential or owner-occupants looking for supplemental rental income. With its classic curb appeal, this Garden District gem benefits from consistent occupancy and excellent walkability to dining, shopping, and entertainment.
The property is currently zoned HU-RM1 (Historic Urban Multi-Family Residential District). All measurements are approximate/not guaranteed and are to be verified by the purchaser. Zoning, Overlays, and Intended Use are to be verified by the purchaser. Property to be sold in “as is, where is" condition with a Waiver of Redhibition to be executed and made part of the sale documents.
The HU-RM1 Multi-Family Residential District is intended to provide for low to medium residential densities appropriate for a variety of housing types such as single-family, two-family, townhouse and lower density multi-family dwellings. The district is intended to maintain a primarily residential environment with a variety of lower density dwelling types therefore the building height is limited to three stories. Limited non-residential uses such as places of worship, historic neighborhood commercial establishments, and recreational facilities that are compatible with surrounding residential neighborhoods may be allowed.
The property is currently zoned HU-RM1 (Historic Urban Multi-Family Residential District). All measurements are approximate/not guaranteed and are to be verified by the purchaser. Zoning, Overlays, and Intended Use are to be verified by the purchaser. Property to be sold in “as is, where is" condition with a Waiver of Redhibition to be executed and made part of the sale documents.
The HU-RM1 Multi-Family Residential District is intended to provide for low to medium residential densities appropriate for a variety of housing types such as single-family, two-family, townhouse and lower density multi-family dwellings. The district is intended to maintain a primarily residential environment with a variety of lower density dwelling types therefore the building height is limited to three stories. Limited non-residential uses such as places of worship, historic neighborhood commercial establishments, and recreational facilities that are compatible with surrounding residential neighborhoods may be allowed.
Location
State LA
County Orleans
Zoning HU-RM1
Interior
Fireplace No
Exterior
Parking Features None
Water Access Desc Public
Building
Lot Description City Lot, Oversized Lot
Dwelling Type Other
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Others
Tax ID 412104702
Special Listing Condition None
Listed by Wurth Real Estate Services
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