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Bryan Cryer

bryancryerrealtor@gmail.com +1(225) 931-9371

$ 2,520,000

Est. payment | -/mo

16 Beds

16 Baths

9,875 SqFt

Save

$ 2,520,000

Est. payment | -/mo

Save

16 Beds

16 Baths

9,875 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 9,875 sqft

Price per Sqft $255

MLS Listing ID 2575779

Style Other

Bedrooms 16

Full Baths 16

Construction Status Very Good Condition

HOA Y/N No

Year Built 1860

Lot Size 9,801 Sqft

Acres 0.225

Property Sub-Type Apartment

Property Description

100% occupied, producing $17825/month gross rental income. Value add opportunity in A+ location on Magazine Street with ability to increase rents 30-40% (increase to $21,795/month) with minor cosmetic renovations. 2331-33 Magazine St, New Orleans, LA 70130. Historic multifamily in the Garden District on Magazine Street. Two connected three-story wood-frame buildings with 16 one-bedroom units totaling approximately +/-9,875 Gross SF on an approximately +/-9,148 SF lot. Frontage on the Magazine Street corridor. Close proximity to restaurants, retail, entertainment, and cultural amenities. St. Charles Avenue streetcar line within walking distance. Rear parking. Tenant-paid utilities. All information is deemed reliable but not guaranteed; buyer and buyer's agent to verify.

Location

State LA

County Orleans

Interior

Heating Window Unit

Cooling Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Balcony, Fence

Parking Features Assigned, Off Street

Pool None

Water Access Desc Public

Roof Type Shingle

Porch Balcony

Building

Lot Description City Lot, Rectangular Lot

Entry Level Three Or More

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories Three Or More

Construction Status Very Good Condition

Others

Tax ID 411203905

Special Listing Condition None

Gulf South Real Estate Information Network (NOMAR IDX Plus)

Listed by Bridgewater Realty Advisors, LLC

Schools and Properties Nearby

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+1(225) 931-9371

bryancryerrealtor@gmail.com

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2331 MAGAZINE ST New Orleans, LA 70130