819 N LOPEZ ST Active Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70119
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,713 sqft
Price per Sqft $98
MLS Listing ID 2494792
Style Traditional
Bedrooms 12
Full Baths 8
Year Built 1940
Lot Size 5,388 Sqft
Property Sub-Type Quadruplex
Property Description
Incredible investment opportunity in the heart of Bayou St. John! This spacious 4-plex is ideally located in one of New Orleans' most sought-after neighborhoods. With a total of 4,713 sqft, each unit is designed as a 3 bed, 2 bath layout. Renovation is well underway with major upgrades already completed: new roof (2022), new electrical and plumbing, new sewage lines to the city, and new windows throughout. The two upstairs units feature soaring ceilings and completed sheetrock, while the downstairs units are framed and ready for finishing. The floor plan avoids the shotgun style and features side halls and multiple entrances. Other highlights include a large backyard, two parking spaces, Flood Zone X. Projected after-repair value is $850,000 with potential rents of $2,000–$2,200 per unit. A 203k-approved contractor has already started the work, and willing to see it through—bring your vision and finish this gem in one of New Orleans' most desirable areas.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air,Ductless,Wall Unit(s)
Exterior
Parking Features Driveway,Off Street,Two Spaces
Pool None
Roof Type Shingle
Building
Lot Description City Lot,Rectangular Lot
Foundation Slab
Sewer Public Sewer
Water Public
Others
Special Listing Condition None