1222 BROADWAY ST Active Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70118
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,093 sqft
Price per Sqft $213
MLS Listing ID 2501345
Bedrooms 6
Full Baths 4
Year Built 1932
Property Sub-Type Triplex
Property Description
Investment opportunity to own prime piece of real estate located directly across from Tulane University's Newcomb campus, placing it in the heart of citys in demand rental zone. This classic stucco triplex is positioned for steady, long term income with appeal to students, faculty, and professionals year after year. The large upper unit, featuring hardwood floors and central air/heat is leased
for $6000 a month beginning June 1, 2025. On the ground floor, Unit B is leased for $1600/month beginning
June 1 for one year as well. Unit A is month to month for $1200 offering flexibility for future use. Each unit has separate gas and electric meters and shared water meter. Additional features include off street parking, automatic security lighting, and 1.5 blocks away from Willow School. Whether just entering the market, or seasoned investor, take this opportunity to own high yield real estate steps from Tulane's campus
Location
State LA
County Orleans
Interior
Heating Central,Window Unit
Cooling Central Air,Window Unit(s)
Laundry Laundry Room
Exterior
Exterior Feature Permeable Paving
Parking Features Driveway
Pool None
Roof Type Other
Building
Lot Description City Lot,Rectangular Lot
Foundation Raised,Slab
Sewer Public Sewer
Water Public
Others
Special Listing Condition None