Address: 2601-03 Third Street, New Orleans, LA, 70113
Located at 2601–03 3rd Street, this seven-unit apartment building offers an attractive opportunity to acquire a well-positioned multi-family asset in the heart of New Orleans, only minutes from Downtown. Situated on a 2,790 square foot corner lot with frontage along both 3rd Street and South Robertson Street, the property contains approximately 4,000 square feet of improvements.
The property is currently configured as a seven-unit apartment building, offering immediate income potential with upside through thoughtful management and rental growth. Located in Flood Zone X (X500), the asset benefits from reduced flood risk concerns relative to much of the city. This offering represents a compelling opportunity for investors seeking stabilized multi-family income in an established neighborhood.
Price: $699,000 | $174.75 PSF
GBA: 4,000 SF
Site Size: 2,790 SF
Zoning: HU-MU
For further listing information or to schedule a showing please contact Pat Browne 504-250-3059 or Leo Lalla 504-975-2554
