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EXECUTIVE SUMMARY
Newly Renovated 8 unit apartment building in the Marigny Triangle market, just blocks away from the French Quarter. Each unit is legally described as a separate condominium which provides for an excellent exit strategy for potential buyers. The property includes garage storage with laundry unit, fully gated for tenants, and a large second floor common area deck with a view of the French Quarter. Expenses and Rent Roll are in the flyer attached! Renovations just finished and owner is actively trying to rent it out. All units were rented before renovations took place. For more information contact Listing Agents.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$33,180
|
$12.38
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$33,180
|
$12.38
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$25,702
|
$9.59
|
| Net Operating Income |
$7,478
|
$2.79
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $33,180 |
| Annual Per SF | $12.38 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $33,180 |
| Annual Per SF | $12.38 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $25,702 |
| Annual Per SF | $9.59 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $7,478 |
| Annual Per SF | $2.79 |
PROPERTY FACTS
| Price | $1,728,125 CAD | Building Class | C |
| Price Per Unit | $216,016 CAD | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 2,680 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1890 |
| Property Subtype | Apartment | Parking Ratio | 0.41/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | HMR-1 | ||
| Price | $1,728,125 CAD |
| Price Per Unit | $216,016 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,680 SF |
| No. Stories | 2 |
| Year Built | 1890 |
| Parking Ratio | 0.41/1,000 SF |
| Zoning | HMR-1 |
Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | 3-7W-1-018-28 | Improvements Assessment | $27,876 CAD (2025) |
| Land Assessment | $17,242 CAD (2025) | Total Assessment | $45,117 CAD (2025) |
PROPERTY TAXES
Parcel Number
3-7W-1-018-28
Land Assessment
$17,242 CAD (2025)
Improvements Assessment
$27,876 CAD (2025)
Total Assessment
$45,117 CAD (2025)
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