Renovated Multi-family Building in Bywater Neighborhood

USD $999,000

728 Desire Street, New Orleans, Louisiana, 70117, USA

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Property Highlights

High occupancy multi-family building
Fully renovated in 2019
4,495 SF rentable space
Six apartments total
Off-street parking available
Close to retailers and schools

Overview

NEW REDUCED PRICE! Great opportunity to purchase a high occupancy multi-family apartment building in the Bywater Neighborhood in New Orleans. The improvements consist of 4,495 SF of rentable space, with a total of 6 apartments with off-street parking. The building was gutted and completely renovated in 2019, is well maintained, and has stabilized in-place cash flow. The location and proximity to the surrounding neighborhoods and the direct proximity of multiple retailers, schools, and places of work provide stability and rent appreciation. May be sold as a package along with 3400 Dauphine, and 725-27 Desire which are also listed for sale.

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Property Features

728 Desire Street, New Orleans, Louisiana, 70117, USA offers the following features:

Living Area: 4480sf

Property Type: Residential Multi Family

Status: Active

Reference ID: 2488071

What's Nearby

Local businesses near 728 Desire 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

Map

The Local Vibe

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Algiers Point, New Olreans, LA. A warm inviting spindled porch.

?We're loving the color palette on this Oak Street shotgun home! ????

Great phone take on Madison Canal.

We haven't seen many blue skies lately, so the French Quarter looks especially cheery today!

Rain or shine, one of the best days of the year in #NewOrleans #RedDressRun

How 'bout a little Mardi Gras flare on this stormy day?

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Listed by: Phillipa Bowers
Reve | Realtors