Address: 2108 Broadway Street, New Orleans, LA 70118
2108 Broadway Street presents a unique investment opportunity in the highly sought-after University neighborhood of New Orleans. This well-maintained multi-family property is ideally situated within walking distance of Tulane and Loyola Universities, as well as the historic St. Charles Avenue. Boasting a strong tenant demand, the property offers a stable cash flow with potential for rent growth. The classic style building has features including updated kitchens, bathrooms, and HVAC systems while preserving its historic charm. Select units feature hardwood floors, high ceilings, and private balconies, appealing to both students and young professionals.
The property consists of 9 units generating a robust and stable income stream. It also offers off-street parking and is conveniently located near vibrant retail and dining options. With room for value-add improvements, 2108 Broadway Street is an ideal asset for investors seeking steady returns in a high-demand market.
List price: $1,500,000 | $225.26 psf
GBA: 6,659 SF
Site Size: 6,840 SF
Zoning: HU-RD1
For further listing details please contact Scott Weston 318-218-4860.
