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5402 St Charles Avenue, New Orleans, LA 70115

$5,400,000
  • 5402 St Charles Avenue, New Orleans, LA 70115 Main Photo

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Active
BEDS36 BATHS28 full SQUARE FEET27,000 MLS#2502512
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Prime Uptown Location ? Long-Term Investment Opportunity! Rare offering in one of New Orleans' most sought-after corridors. This 28-unit apartment building with 28 parking spaces, is just blocks from Tulane and Loyola Universities, the Freret Street corridor, and the new Trader Joe's. A unique opportunity for an investor or developer seeking to acquire a premier location with strong rental demand and/or future redevelopment potential. The property currently produces steady income and is ideally suited for long-term hold while planning for repositioning or conversion down the road. Properties of this scale and location rarely become available. A legacy investment with exceptional upside for the future!

5402 St Charles Avenue | MLS# 2502512

This multi-family property located at 5402 St Charles Avenue, New Orleans, LA 70115 is currently listed for sale with an asking price of $5,400,000. Search New Orleans real estate on www.wurthre.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Ductless, Window Unit(s), Wall Unit(s)
Heating: Heat Pump
Home Style: Apartment, Traditional
Lot Size: 0.73 Acres
Roof Type: Slate
Stories: 3.0

Feature Descriptions

Days on Site: 298
Exterior: Block, Concrete
Lot: City Lot, Oversized Lot
Lot Dimensions: 80X135/287X308
Parking: Assigned
Property Condition: Very Good Condition
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: John Weil Realty, LLC
Agency Phone: (504) 512-6339

Shown By

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

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Estimated Payment

$ 13,593.06 per month $12,018.06 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,575.00 Homeowner's Insurance

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