BEDS10
BATHS6 full
SQUARE FEET4,735
MLS#2545769
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Prime investment opportunity on Esplanade Ave in the heart of historic Treme. This turnkey multifamily property includes five units and is appraised at $1.4M. The main unit is vacant -perfect for immediate leasing or flexible use. Previously generated $11,300 per month, offering a mix of steady earnings and growth potential for investors. <br><br> Fully renovated in 2023, the building features a newer roof, newer HVAC systems, updated plumbing, newer appliances, modern fixtures, and newer siding. There is no deferred maintenance. The property includes five 2BR/1BA units, each with their own laundry, and rear off-street parking. The main unit boasts original hardwood floors, soaring 12-foot ceilings, and a wrap-around corner balcony with spectacular views. <br><br> Located on a prominent corner along the iconic Esplanade Ave, you're just minutes from the French Quarter, Faubourg Marigny, and City Park. With cultural and tourism attractions all around, this location promises steady demand throughout the year. Area comps are strong, and income potential is scalable, making this a rare chance to secure a high-profile asset in a thriving rental market. <br>
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Other
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 2.0
Feature Descriptions
Days on Site: 66
Exterior: HardiPlank Type, Stucco
Lot: City Lot, Rectangular Lot
Lot Dimensions: 95 x 60
Parking: Assigned, Off Street
Property Condition: Excellent
Sewer: Public Sewer
Units: 5
Water: Public
Listed By / Shown By
Listed By
Agency Name: Compass Uptown (LATT07)
Agency Phone: (504) 866-2785
Shown By
Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414
Estimate Your Payment
Estimated Payment
$ 3,171.71 per month $2,804.21 Principal & Interest $0.00 Property Tax (data not provided by mls) $367.50 Homeowner's InsuranceChange Payment Information
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7840 Maple St.
New Orleans, LA 70118
504-866-7000
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Baton Rouge, LA 70806
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2101 Esplanade Avenue | MLS# 2545769
This multi-family property located at 2101 Esplanade Avenue, New Orleans, LA 70119 is currently listed for sale with an asking price of $1,260,000. Search New Orleans real estate on www.wurthre.com today.