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1700 S Rampart Street, New Orleans, LA 70113

$760,000
  • 1700 S Rampart Street, New Orleans, LA 70113 Main Photo

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Pending
BEDS9 BATHS7 full SQUARE FEET4,486 MLS#2501837
STATUSPending PROPERTY TYPEMulti Unit - Multiple

Property Description

Calling all investors! This impressive seven-unit CASH COW offers a blend of character, comfort, and convenience. Featuring rich hardwood floors, lofty ceilings, and a private backyard, the property is flooded with natural light and was fully renovated eight years ago, with additional upgrades completed since. Bohemian and yet modern, the lower level includes four studio units, while the upper floor offers two one-bedroom apartments and a spacious three-bedroom unit, complete with dual balconies. Perfect for mid-term or long term rentals, your tenants can enjoy scenic downtown views, a generous front porch, expansive windows in select units, and the added convenience of on-site laundry. Don't miss your chance to own this exceptional, income-generating gem! 10.6% in-place cap rate with a ~7.9% conservative underwritten cap, offering strong cash flow, downside protection, and financing flexibility.

1700 S Rampart Street | MLS# 2501837

This multi-family property located at 1700 S Rampart Street, New Orleans, LA 70113 is currently listed for sale with an asking price of $760,000. Search New Orleans real estate on www.wurthre.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Other, Victorian
Lot Size: 0.09 Acres
Roof Type: Shingle
Stories: 2.0

Amenities

Balcony

Feature Descriptions

Days on Site: 304
Lot: City Lot, Rectangular Lot
Lot Dimensions: 29x127
Parking: Off Street
Patio/Porch: Balcony
Property Condition: Very Good Condition
Sewer: Public Sewer
Units: 7
Water: Public

Listed By / Shown By

Listed By

Agency Name: REVE, REALTORS
Agency Phone: (504) 300-0700

Shown By

Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414

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Estimated Payment

$ 1,913.10 per month $1,691.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $221.67 Homeowner's Insurance

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