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$ 5,200,000
Est. payment /mo
New
1609 1613 BARONNE ST New Orleans, LA 70113
20,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $260
MLS Listing ID 2579348
HOA Y/N No
Year Built 2021
Lot Size 4,081 Sqft
Acres 0.0937
Property Description
INCOME-PRODUCING NEW ORLEANS INVESTMENT OPPORTUNITY — 10 UNITS
An income opportunity in one of New Orleans' most desirable and walkable locations. Just steps from St. Charles Avenue and the Lower Garden District, this versatile 10-unit property offers a combination of short-term/Airbnb and residential rental income, creating multiple potential revenue streams for the investor. According to the attached financial information, commercial and residential income averages approximately $79,000, with other operating expenses detailed in the accompanying documentation.
Now think beyond today's numbers. Ten units. Multiple income streams. One exceptional location. Whether you're looking to add an income-producing property to an existing portfolio or want the opportunity to live in one unit while the other units generate income, this property offers flexibility for a variety of investment strategies.
And then there is the location. St. Charles Avenue. The Lower Garden District. New Orleans.
This property places residents and guests in the heart of one of the city's most recognizable neighborhoods, surrounded by restaurants, entertainment, culture, transportation, and the unmistakable lifestyle that makes New Orleans unique.
10 units. Multiple income opportunities. Prime New Orleans location. This could be the income opportunity your portfolio has been waiting for. Don't miss it. NDA AND PROOF OF FUNDS REQUIRED PRIOR TO SHOWING.
Serious and qualified buyers only. All income, expenses, occupancy, rental information, measurements, zoning, permitted uses, licenses, short-term rental status, and other property information must be independently verified by the purchaser. Information is believed to be reliable but is not guaranteed.
An income opportunity in one of New Orleans' most desirable and walkable locations. Just steps from St. Charles Avenue and the Lower Garden District, this versatile 10-unit property offers a combination of short-term/Airbnb and residential rental income, creating multiple potential revenue streams for the investor. According to the attached financial information, commercial and residential income averages approximately $79,000, with other operating expenses detailed in the accompanying documentation.
Now think beyond today's numbers. Ten units. Multiple income streams. One exceptional location. Whether you're looking to add an income-producing property to an existing portfolio or want the opportunity to live in one unit while the other units generate income, this property offers flexibility for a variety of investment strategies.
And then there is the location. St. Charles Avenue. The Lower Garden District. New Orleans.
This property places residents and guests in the heart of one of the city's most recognizable neighborhoods, surrounded by restaurants, entertainment, culture, transportation, and the unmistakable lifestyle that makes New Orleans unique.
10 units. Multiple income opportunities. Prime New Orleans location. This could be the income opportunity your portfolio has been waiting for. Don't miss it. NDA AND PROOF OF FUNDS REQUIRED PRIOR TO SHOWING.
Serious and qualified buyers only. All income, expenses, occupancy, rental information, measurements, zoning, permitted uses, licenses, short-term rental status, and other property information must be independently verified by the purchaser. Information is believed to be reliable but is not guaranteed.
Location
State LA
County Orleans
Zoning HU-MU
Interior
Fireplace No
Exterior
Parking Features Garage
Water Access Desc Public
Building
Lot Description City Lot, Rectangular Lot
Dwelling Type Hotel/Motel,Mixed Use,Other
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Others
Tax ID 101107808
Special Listing Condition None
Listed by Anthony Posey Properties, Inc
Schools Near
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