Address: 2639 Dreux Avenue, New Orleans, LA 70112
Excellent value-add opportunity that contains Six (6) fully-occupied units with off-street parking in the Gentilly market area. The building itself is a solid, two-story, brick veneer structure with a small courtyard, balcony/walkway, laundry room, and 5 parking spaces. Located in an area where rents and property values are increasing, this serves as a rare value-add opportunity for an investor to perform minor cosmetic renovations and continue to take advantage of the increasing rental rates in the area.
List Price: $585,000 | $139.28 PSF
Gross Building Area: 4,200 SF
Gross Land Area: 4,500 SF
Zoning: S-B1 Suburban Business District
Please contact Cameron Griffin (843.754.7580) or Mason McCullough (504-298-8631) for further details.