100% Occupied 26 Unit Apartment Complex in the heart of the Historic Tremé. These buildings are maintained meticulously with practically zero deferred maintenance and comes equipped with a brand new $40,000 roof. This 16,000 SqFt lot spans across an entire city block, offering off-street parking for residents on N. Villere Street and a separate entrance and parking lot on N. Robertson Street. This compound is located directly across the street from the African American Museum, and just 4 blocks from Rampart Street and the French Quarter. Endless potential with this unique property in the heart of New Orleans.
X FLOOD ZONE
Gross Rent Roll: $17,675
Property Zoning: HMR-1
According to New Orleans Property Viewer:
Short Term Rental, Small: Permitted
Short Term Rental, Large: Conditional
The property is currently all long term renters and based on comps in the neighborhood, the property is under rented. Small 400-600 SqFt one bedroom apartments are renting from $900-$1100/mo in the Tremé. Please click link below for recent rental comps.
Click links below:
Buyer to do all due diligence in regards to property condition, zoning, measurements and all other aspects of property sale.
|Price:||$Call for more info|
|Address:||1121 N Villere St|
|Lot Square Feet:||16011|