Address: 1121 Ninth Street New Orleans, LA 70115

Property Overview: Rare development and/or investment opportunity located steps off the busiest stretch of Magazine Street in the Heart of the Garden District New Orleans, one of the most desired neighborhoods in the region. The unit mix is included within the offering memorandum and totals approximately 8,113 square feet of net rentable / net sellable areas. Excellent renovation opportunity and long-term rental investment.

Price: $1,390,000

Lot Dimensions: 62′ x 126’| +/- 7,812 SF

Unit Mix: 4, 2 BR/2BA Units; 2, 2BR/1.5 BA; 4 1BR/1BA

Zoning: HU-RD-1 | Historic Urban Two Family

Gross Building Area: 8,113 SF

Number of Stories: 2

Gross Rent: $101,460 per annum (at current market rents of $1.04 per SF)

 

For further listing information, or to schedule a showing, please contact Parke McEnery (504.236.9542) or Troy Hagstette (504.251.5719)

1121 Ninth Street OM 9.9.2020