1711 Second Street, New Orleans, LA 70113

Commercial property for sale

  • Description
  • Renovated after Katrina with new roof, electric, plumbing, shoring, etc. 7-plex in great block w/5 sister Italianate galleried buildings referred to as Ferret' Row. 1 block from St Charles. All 1 bdrms have central HVAC. The studios have "through wall commercial" HVAC. 9.1% cap rate based on list price. Two common laundry facilities could increase income by $200/mo if converted to coin units, which would increase the cap rate to 9.6%. Building price details: $525,000.
  • Property Details
  • Property Type: Multifamily
    Use Types: Low-Rise/Garden
    Status: Available
    Price: $ 75,000 +/Unit
    MSA: New Orleans-Metairie-Kenner
    Buildings: 1
    Terms: Cash to Seller
    Added: 01/16/2012
    Last Update: 12/23/2012
  • Contact info
  • 504-944-3605 [Office]
  • Note
  • Details Info about this row that located on 1711 Second Street, New Orleans, LA 70113 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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