Address: 1917 Leonidas Street, New Orleans, LA 70118
1917 Leonidas Street is an investment opportunity that is zeroed in on the New Orleans metro areas most critical need, and what is in the most demand in the Multi-Family space – Workforce Housing. Its 100% occupancy speaks to this constant demand. Located near the parish line in the Leonidas neighborhood, it sits just a few blocks from the intersection of Claiborne and Carrolton Avenues and is conveniently located near multiple streams of public transit, as well as the Uptown and University neighborhoods, River Road, and Jefferson Parish.
The improvements consist of 6, 1 Bedroom/1Bath units. The units are separately metered for utilities and are well maintained. Significant barriers to entry in the immediate neighborhood provide for strong future demand and stable occupancy.
List Price: $650,000| $108,333 per unit| $239 per sq/ft
GBA: +/- 2,715 Sq/Ft
# of Units: 6
Lot Size: 43′ X 100′
Zoning: HU-RD1 – Historic Urban Two-Family Residential District
For further listing information or to schedule a showing please contact Troy Hagstette 504-251-5719 or Parke McEnery 504-236-9542
