Historic 17-unit multi-family complex that includes up to 16 off-street parking spaces in the heart of Uptown, only a block away from Touro Hospital. The improvements are divided into two separate structures: 1324-26 Foucher Street is an 11,641 square foot, three-story historic building that is divided into 11 residential units. 3618 Coliseum Street is a 3,656 square foot, two story wood framed building that is divided into 6 residential units. Property has maintained nearly full occupancy in recent years and rental rates could increase significantly with aggressive marketing. This is an optimal 1031 Exchange candidate. Don’t miss out on this rare opportunity to acquire a historic multi-family investment property with significant off-street parking.
There is no set listing price in place. A call for offers will be made at the appropriate time. A financial summary package is available upon request. Please call Pat Browne III at 504-250-3059 or Peter McEnery at 504-274-2701.