3324 SEINE ST new Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70114
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,342 sqft
Price per Sqft $74
MLS Listing ID 2518530
Style Other
Bedrooms 10
Full Baths 4
Half Baths 9
Year Built 1985
Lot Size 6,721 Sqft
Property Sub-Type Quadruplex
Property Description
Investor's Dream – 4 Fourplexes Sold as a Package!
Rare opportunity to acquire four income-producing fourplexes being offered together as a package deal MLS #2518525, 2518533, and 2518524. With a new roof installed in 2022 and over 50% of the units renovated in the last two years, much of the heavy lifting has already been done. Current monthly rents total $15,026 with 5 vacancies, all recently spruced up and 3 are currently tenant ready. Significant upside potential to reach approximately $24,000 per month under Section 8 payment standards. This is a strong value-add investment with both stable cash flow and room for growth. Don't miss the chance to own a solid multi-family portfolio with immediate income and long-term potential! Do not miss out on this awesome addition to any portfolio. Priced below recent appraisal. Flood insurance is approximately $3000 per building per year.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Carport,Off Street
Pool None
Roof Type Shingle
Building
Lot Description Outside City Limits,Rectangular Lot
Foundation Slab
Sewer Public Sewer
Water Public
Others
Special Listing Condition None