Address: 2403 Carondelet Street, New Orleans, LA 70130

This is a charming six (6) unit multi-family property that is well-located on the corner of Carondelet Street and First Street, only one block off Historic St. Charles Avenue. All units are rented with one unit purposefully left vacant. There is upside potential for increased rental rates in the near future. Don’t miss this rare opportunity to acquire one of the hottest asset classes in today’s market: apartment buildings!

Sale Price: $1,195,000 | $199,166 Per Unit | $216.21 PSF

# of Units: Six (6) units

NRA: +/- 5,527 SF

Site Size: +/- 6,720 SF

Zoning: HU-RM1 Historic Urban Multi-Family Residential District

Rental Income: Current gross rent collected is below market, but totals $76,920 per annum.

Please contact agent Pat Browne (504.250.3059) or Parke McEnery (504.236.9542) for further listing details.

2403 Carondelet OM 6.24.22

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