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541-543 Dumaine St
New Orleans, LA 70116
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Investiment Opportunity
Executive Summary
Redevelopment opportunity in the heart of the French Quarter. Located near the corner of Chartres and Dumaine Streets, 541-543 Dumaine is a mixed -use building consisting of approximately 6,700 sq/ft of gross building area. The front building consists of two storefront spaces that measure approximately 675 sq/ft and 875 sq/ft each. The two upper floors contain two separate, two story units of 1,873 and 1,502 sq/ft each. The rear building contains one apt/office unit on the first floor of 468 sq/ft , and one, two story apartment unit of 937 sq/ft on the two upper floors. The improvements are currently leased to three individual tenants, with a total gross income of approximately $10,000 per month.
Property Facts
| Price Per Unit | $610,616 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 8.96% | Building Size | 6,700 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1820 |
| Apartment Style | Low-Rise | Parking Ratio | 0.75/1,000 SF |
| Zoning | VCR-2 | ||
| Price Per Unit | $610,616 CAD |
| Sale Type | Investment |
| Cap Rate | 8.96% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,700 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1820 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | VCR-2 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Numbers | Improvements Assessment | $212,194 CAD | |
| Land Assessment | $25,099 CAD | Total Assessment | $237,293 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$25,099 CAD
Improvements Assessment
$212,194 CAD
Total Assessment
$237,293 CAD
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