1101-1115 VERRET ST Active

New Orleans,LA 70114

$ 480000

8 Beds

8 Baths

5200 SqFt


Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $92

MLS Listing ID 2490345

Style Traditional

Bedrooms 8

Full Baths 8

Year Built 1950

Lot Size 4,312 Sqft

Property Sub-Type Other

Property Description

Discover a rare investment opportunity in the heart of historic Algiers Point! This unique 7-unit multifamily property spans from 1101 to 1115 Verret Street and offers a strong income-producing portfolio in one of New Orleans' most charming and walkable neighborhoods.

Each unit features classic New Orleans architectural details, the 2 Bedroom has partial vaulted ceiling, and spacious layouts with modern updates. Units vary in size and layout, catering to a range of long term tenants. Current occupancy and rental history available upon request.

Property highlights include:
• 7 total units across multiple adjoining structures
• Prime corner location in Algiers Point, just blocks from the ferry to downtown NOLA
• Well-maintained exteriors and interiors with room for added value
• Shared courtyard space and ample street parking
• Zoned multifamily, with potential for condo conversion or owner-occupancy

Whether you're an investor looking to expand your portfolio or seeking a rare multifamily gem with value-add potential, 1101-1115 Verret Street delivers location, character, and income.

Location

State LA

County Orleans

Interior

Heating Other,Dual System

Exterior

Parking Features None

Roof Type Shingle

Building

Lot Description City Lot,Irregular Lot

Foundation Raised

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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