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$ 1,600,000
Est. payment /mo
Active
1517 Audubon Street New Orleans, LA 70118
6,120 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID NO2479946
Lot Size 6120.000 Acres
Acres 0.1405
Property Sub-Type Duplex
Property Description
One of a kind university area investment opportunity located one block from campus. 1517-1519 Audubon is a two story double measuring 5,500 sq/ft. Each unit contains a total of 4 individual bedrooms all located off of a common hallway on the second floor. Large living , dining and kitchen areas provide plenty of space for student residents. The raised basement in each unit also provides ample storage. Off-street parking is also available for each unit. Each building is on a master lease providing for ease of monthly rent collections and tenant retention. Stabile and secure income with existing barriers to entry for competing assets. This location provides for constant occupancy with many tenants often passing their lease on to friends/family upon graduation.
Location
State LA
Interior
Heating Central
Cooling Central Air
Exterior
Roof Type Composition
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 615309504
Listed by The McEnery Company