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$ 1,195,000
Est. payment /mo
Active
1838 UPPERLINE ST New Orleans, LA 70115
12 Beds
9 Baths
6,734 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,734 sqft
Price per Sqft $177
MLS Listing ID 2485893
Style Other
Bedrooms 12
Full Baths 6
Half Baths 6
Construction Status Excellent
HOA Y/N No
Year Built 1920
Property Sub-Type Apartment
Property Description
1838 Upperline Street is a well-maintained 6-unit multifamily property located in the highly sought after Uptown Neighborhood of New Orleans, only 3 blocks from St. Charles Avenue. This is an A+ location and attracts well-qualified, professional tenants with a high occupancy rate.
The building contains six (6) total units - all of which are 2 bedroom 1.5 bathroom units. These are large, spacious units with rents ranging between $1,395 and $1,850 per month.
The building has a laundry room on the first floor for the tenants that produces $150 to $200 per month. The owner has a termite contract on the property and is in a favorable Flood Zone X.
Overall, this is an excellent investment property and great potential acquisition for an investor who would like to purchase in an A+ area of New Orleans and enjoy great tenants and cash flow.
The building contains six (6) total units - all of which are 2 bedroom 1.5 bathroom units. These are large, spacious units with rents ranging between $1,395 and $1,850 per month.
The building has a laundry room on the first floor for the tenants that produces $150 to $200 per month. The owner has a termite contract on the property and is in a favorable Flood Zone X.
Overall, this is an excellent investment property and great potential acquisition for an investor who would like to purchase in an A+ area of New Orleans and enjoy great tenants and cash flow.
Location
State LA
County Orleans
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Parking Features None, Three or more Spaces
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Three Or More
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Three Or More
Construction Status Excellent
Others
Tax ID per assessor
Special Listing Condition None
Listed by Bridgewater Realty Advisors, LLC