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 recently renovated 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
