UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $198
MLS Listing ID 2538046
Style Traditional
Bedrooms 6
Full Baths 6
Construction Status Very Good Condition
HOA Y/N No
Year Built 2000
Lot Size 4,800 Sqft
Acres 0.1102
Property Sub-Type Apartment
Property Description
This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio.
Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 20% down, a 30-year amortization, a 3–5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers.
The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information.
Location
State LA
County Orleans
Interior
Heating Window Unit
Cooling Window Unit(s)
Fireplace No
Exterior
Exterior Feature Balcony
Parking Features Driveway, Off Street, Parking Lot
Water Access Desc Public
Roof Type Shingle
Porch Balcony
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID 412202904
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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