5402 St Charles Avenue, New Orleans, LA 70115
5402 St Charles Avenue, New Orleans, LA 70115
5402 St Charles Avenue, New Orleans, LA 70115
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$4,998,000
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31,798.8 Acres Lot
Price Dropped by $402K

5402 St Charles Avenue New Orleans, LA 70115

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID NO2502512

Lot Size 31798.800 Acres

Acres 0.73

Property Description

Prime Uptown Location - Long-Term Investment Opportunity! Rare offering in one of New Orleans' most sought-after corridors. This 28-unit apartment building with 28 parking spaces, is just blocks from Tulane and Loyola Universities, the Freret Street corridor, and the new Trader Joe's. A unique opportunity for an investor or developer seeking to acquire a premier location with strong rental demand and/or future redevelopment potential. The property currently produces steady income and is ideally suited for long-term hold while planning for repositioning or conversion down the road. Properties of this scale and location rarely become available. A legacy investment with exceptional upside for the future!

Location

State LA

Interior

Heating Heat Pump

Cooling Central Air, Wall Unit(s), Window Unit(s)

Exterior

Parking Features Assigned

Roof Type Slate

Garage false

Building

Foundation Slab

Level or Stories 3

Others

Tax ID 614229301


REALTOR® Association of Acadiana VOW
Listed by John Weil Realty, LLC

Nearby Locations

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Joel Bacque

Joel Bacque

Agent | SALE.SALE.995684240-ACT

+1(337) 739-0425

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5402 St Charles Avenue