36
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$1,350,000
Est. payment /mo
4,838 Acres Lot
Active
2039 Calhoun Street New Orleans, LA 70118
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID NO2493890
Lot Size 4838.000 Acres
Acres 0.1111
Property Sub-Type Duplex
Property Description
Ideally located at Freret and Calhoun Streets, just steps from Tulane and Loyola Universities, 2039 Calhoun offers a fully leased 12-bedroom, 5,700+ SF student housing investment property. The property features a standalone four-bedroom unit on the ground floor and an eight-bedroom unit on the second and third floors. Currently leased to one group, the units can also be rented separately by closing a door. Each unit includes a full kitchen and in-unit laundry. With a commanding corner presence, direct sightlines to the universities, off street parking, and original historic details, the property has undergone extensive renovations, including a new roof, gutters, exterior paint, major siding and HVAC repairs, new flooring, updated bathrooms, new laundry units and many others. Centrally located in Uptown, just minutes from the Freret and Maple Street commercial corridors, the property is in constant high demand and ensures strong, stable rental income. The upper unit is fully leased for 2025-2026, and ownership is finalizing a lease for the ground floor. 2039 Calhoun Street is a rare opportunity in an unbeatable university location.
Location
State LA
Interior
Heating Central
Cooling Central Air, Window Unit(s)
Exterior
Exterior Feature Balcony
Roof Type Composition
Building
Foundation Slab
Level or Stories 3
Others
Tax ID 41051151
Listed by Ben & Burka
Nearby Locations
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