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1710 S Carrollton Ave
New Orleans, LA 70118
Multifamily Property For Sale · 24 Units

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INVESTMENT HIGHLIGHTS

  • strategically positioned along the iconic New Orleans streetcar route, nestled in the vibrant Uptown/University neighborhood.

EXECUTIVE SUMMARY

Discover this incredible opportunity to invest in an apartment building strategically positioned along the iconic New Orleans streetcar route, nestled in the vibrant Uptown/University neighborhood. Picture your tenants effortlessly hopping on the streetcar to commute to work, to attend classes at Tulane or Loyola, or to explore the wonders of Audubon Park.
This property offers a prime opportunity to expand your real estate portfolio with a well-established building primed for value enhancement. Featuring 20 inviting one-bedroom/one-bath units along with 4 versatile studios, it presents a dynamic investment prospect. What's more, consider the potential of acquiring its sister property at 1905 S Carrollton Ave, boasting an additional 20 one-bedroom units, to maximize your investment synergy.
With the added convenience of coin-operated laundry facilities on-site, this is a compelling opportunity tailor-made for savvy local investors familiar with the lively rhythm of the New Orleans market.

PROPERTY FACTS

Price Per Unit $172,004 CAD
Sale Type Investment
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.36 AC
Building Size 15,078 SF
Average Occupancy 100%
No. Stories 2
Year Built 1930
Zoning MF - Multi-Family

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 21 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7-16-2-078-01
Land Assessment
$64,506 CAD
Improvements Assessment
$135,697 CAD
Total Assessment
$200,202 CAD
  • Listing ID: 35268163

  • Date on Market: 2024-10-04

  • Last Updated:

  • Address: 1710 S Carrollton Ave, New Orleans, LA 70118

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