2201 Annette Street
New Orleans, LA 70119 / Rural Tract (No Subd)

MLS ID# 2024002938 Active
Fourplex (4 Units)

$475,000

0 units
4 garage capacity


Details for 2201 Annette Street, New Orleans LA 70119

Now available for sale, 2201 Annette St is a 100% occupied, ±3,016 SF fourplex within a neighborhood characterized by vibrant growth and transformation. This property is unique in the neighborhood for its multifamily zoning (HU-RD2). The complex presents a lucrative opportunity for investors through strong cash flow and potential for rent increases through value-add cosmetic and amenity upgrades. Annette St is nestled in an area rapidly developing with new constructions and renovations and near St Bernard Ave, making it highly attractive for tenants. Tenants will benefit from proximity to essential city landmarks, including the Faubourg Marigny, the Fairgrounds, St Roch Market, and the French Quarter, enhancing the living experience. Additionally, the property offers convenient ±3 minute access to I-10. ***To access the FINANCIALS (rent roll, income, expense, etc.), please navigate to our website, linked directly BELOW, and click “Access Privileged Documents.” From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.*** https://elifinrealty.com/deals/100-percent-occupied-fourplex-in-rapidly-developing-neighborhood-2201-annette-st-new-orleans-la-70119/

Features and Details

  • Category Multi-Family
  • Type Fourplex (4 Units)
  • Area/Neighborhood Rural Tract (No Subd)
  • County Orleans
  • Lot Dimensions 110 x 60
  • Acreage 0.15 Acres
  • MLS ID# 2024002938
  • Garage Capacity 4
  • Living Area 0 sqft
  • Room Name Size

Construction
Slab:Traditional Found, Brick Siding
Heat/Cool
Central Heat, Central Air Cool
Interior
Range/Oven,Refrigerator
Compensation Amount
3%
This listing was last updated on 3/14/2024 11:37:38 AM.

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed