Unique Multi-family Property in Bywater Neighborhood, New Orleans

USD $1,300,000
3400 Dauphine Street, New Orleans, Louisiana, 70117, USA

Property Highlights

  • Multi-family property with six apartments
  • Remodeled in 2019 with updates
  • High occupancy with stabilized cash flow
  • Located in Bywater Neighborhood, New Orleans
  • Close to French Quarter and CBD
  • Near retailers, schools, and workplaces

Overview

Back on the market! Great opportunity to purchase a unique multi-family asset with high occupancy in the Bywater Neighborhood in New Orleans. The improvements consist of 3 well maintained buildings with a total of 6 apartments. The buildings were gutted and remodeled in 2019, and have stabilized, in-place cash flow. The locations and their proximity to the French Quarter, Marigny, and CBD, and the direct proximity to multiple retailers, schools and places of work provide stability and rent appreciation. Zoning is HMR3. May be sold as a package along with 725-27 Desire, and 728 Desire which are also listed for sale.
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Property Features

3400 Dauphine Street, New Orleans, Louisiana, 70117, USA offers the following features:

Living Area: 5275sf
Property Type: Residential Multi Family
Status: Active
Reference ID: 2488068

What's Nearby

Local businesses near 3400 Dauphine Street, New Orleans, Louisiana, 70117, USA:

Grocery/Shopping Center: < 1 mile
School: < 1 mile
Public Transportation: < 1 mile
Gym: < 1 mile
Hospital: < 1 mile
Police Station: < 1 mile

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