15
See all 15 photos
$1,600,000
Est. payment /mo
8 Beds
4 Baths
5,500 SqFt
Active
1517 AUDUBON ST New Orleans, LA 70118
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $290
MLS Listing ID 2479946
Bedrooms 8
Full Baths 2
Half Baths 4
Construction Status Excellent
HOA Y/N No
Year Built 1932
Property Sub-Type Duplex
Property Description
One of a kind university area investment opportunity located one block from campus. 1517-1519 Audubon is a two story double measuring 5,500 sq/ft. Each unit contains a total of 4 individual bedrooms all located off of a common hallway on the second floor. Large living , dining and kitchen areas provide plenty of space for student residents. The raised basement in each unit also provides ample storage. Off-street parking is also available for each unit. Each building is on a master lease providing for ease of monthly rent collections and tenant retention. Stabile and secure income with existing barriers to entry for competing assets. This location provides for constant occupancy with many tenants often passing their lease on to friends/family upon graduation.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street
Water Access Desc Public
Roof Type Asphalt,Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Excellent
Others
Tax ID 615309504
Special Listing Condition None
Listed by The McEnery Company
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