BEDS4
BATHS3 full
SQUARE FEET2,832
MLS#2548541
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Owner Financing ***Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years, Additional Principal Payment: 10% due at year 2, Balloon Payment: Remaining balance due at year 5*** Tenant-occupied multifamily investment opportunity in a prime New Orleans location just off Esplanade Avenue. This historic income-producing property offers current in-place rental revenue of $3,922 per month, off-street parking, and a flexible three-unit configuration. Distinctive architectural character, updated interiors, and strong access to the French Quarter, Fair Grounds, CBD, and other major demand drivers make this a solid opportunity for investors seeking cash flow with long-term upside.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Other, Window Unit(s)
Heating: Other, Window Unit
Home Style: Triplex, Acadian
Lot Size: 0.11 Acres
Roof Type: Asphalt
Stories: 2.0
Amenities
Porch
Feature Descriptions
Days on Site: 136
Exterior: Wood Siding
Lot: City Lot, Rectangular Lot
Lot Dimensions: 47 x 101
Parking: Off Street
Patio/Porch: Porch
Property Condition: Very Good Condition
Sewer: Public Sewer
Units: 3
Water: Public
Listed By / Shown By
Listed By
Agency Name: Talbot Realty Group
Agency Phone: (504) 525-9763
Shown By
Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414
Estimate Your Payment
Estimated Payment
$ 1,308.71 per month $1,157.07 Principal & Interest $0.00 Property Tax (data not provided by mls) $151.64 Homeowner's InsuranceChange Payment Information
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Wurth Real Estate Services
7840 Maple St.
New Orleans, LA 70118
504-866-7000
Additional:
1700 City Farm Drive
Baton Rouge, LA 70806
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2226 Barracks Street | MLS# 2548541
This multi-family property located at 2226 Barracks Street, New Orleans, LA 70119 is currently listed for sale with an asking price of $519,900. Search New Orleans real estate on www.wurthre.com today.