$535,000

Apartment In New Orleans

  • 6 Beds
  • 6 Baths
  • 2,700 Sqft
  • 4,801 Sqft lot
  • Updated: July 9
  • Source:
    Gulf South Real Estate Information Network (GSREIN)  MLS#2566711

About the Property

SELLER FINANCING - 6%, 30 year Amortization, 5 yr Balloon. Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living s
SELLER FINANCING - 6%, 30 year Amortization, 5 yr Balloon. Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living space. $5,850/month gross income.

This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio.

Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 20% down, a 30-year amortization, a 3–5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers.

The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information.
  • Property type

    Apartment

  • Floors

    2

  • Year built

    2000

  • Price/sqft

    $198

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3215 DRYADES Street, New Orleans, Louisiana, United States View on Google Maps
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Bridgewater Realty Advisors, LLC - Metairie

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Bridgewater Realty Advisors, LLC - Metairie
Louisiana, United States
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30
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2025
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Bridgewater Realty Advisors, LLC - Metairie
Metairie, Louisiana, United States
View agency profile
Last updated
July 9
First listed
Jul 9
Listing reference
2566711
Listing status
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