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$ 475,000
Est. payment | /mo
3,016 SqFt
$ 475,000
Est. payment | /mo
3,016 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,016 sqft
Price per Sqft $157
Subdivision Rural Tract (No Subd)
MLS Listing ID 2024002938
Lot Size 6,534 Sqft
Property Sub-Type Quadruplex
Property Description
Now available for sale, 2201 Annette St is a 100% occupied, ±3,016 SF fourplex within a neighborhood characterized by vibrant growth and transformation. This property is unique in the neighborhood for its multifamily zoning (HU-RD2). The complex presents a lucrative opportunity for investors through strong cash flow and potential for rent increases through value-add cosmetic and amenity upgrades. Annette St is nestled in an area rapidly developing with new constructions and renovations and near St Bernard Ave, making it highly attractive for tenants. Tenants will benefit from proximity to essential city landmarks, including the Faubourg Marigny, the Fairgrounds, St Roch Market, and the French Quarter, enhancing the living experience. Additionally, the property offers convenient ±3 minute access to I-10.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Appliance Range/Oven, Refrigerator
Exterior
Garage Spaces 4.0
Private Pool false
Building
Foundation Slab
Sewer Public Sewer
Water Public, Other
Schools
Elementary Schools Orleans Parish
Middle Schools Orleans Parish
High Schools Orleans Parish
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
Listed by Elifin Realty
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Dillon Thompson
Agent | License ID: 0995699842