$650,000

Apartment In New Orleans

  • 6 Beds
  • 6 Baths
  • 3,100 Sqft
  • Updated: April 17
  • Source:
    Gulf South Real Estate Information Network (GSREIN)  MLS#2540785

About the Property

LIKE NEW six-unit multifamily property renovated in 2022 with a focus on durability, efficiency, and ease of ownership. Major systems—including electrical, plumbing, roofing, siding, and complete interiors —were updated to reduce ongoing maintenance and
management costs and fire walls were added for safety. Very profitable and fully leased, it has a fantastic Cash on Cash Return of 9.97%.
LIKE NEW six-unit multifamily property renovated in 2022 with a focus on durability, efficiency, and ease of ownership. Major systems—including electrical, plumbing, roofing, siding, and complete interiors —were updated to reduce ongoing maintenance and
management costs and fire walls were added for safety. Very profitable and fully leased, it has a fantastic Cash on Cash Return of 9.97%.

Each 1BD/1BA unit features modern finishes and practical design choices aimed at long-term performance. Ideal for investors seeking predictable returns without the upkeep headaches, this turn-key asset offers a low-hassle path to rental income in the New Orleans market. Each unit has an assigned parking space as well as its own water meter and electric meter. There is no gas to the property.

CALL BLAINE TODAY FOR MORE DETAILS!
  • Property type

    Apartment

  • Floors

    1

  • Year built

    2022

  • Price/sqft

    $209

Explore the Area

1905 FRANCE Street, New Orleans, Louisiana, United States View on Google Maps
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Forte Realty, LLC - Metairie

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Forte Realty, LLC - Metairie
Louisiana, United States
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3
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2026
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Forte Realty, LLC - Metairie
Metairie, Louisiana, United States
View agency profile
Last updated
April 17
First listed
Feb 13
Listing reference
2540785
Listing status
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