3312 JOLIET Street, New Orleans, LA, 70118

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$1,980,000
55 Days On Site

3312 JOLIET Street
New Orleans, LA 70118

For Sale|Apartment|Active
36
Beds
18
Full Baths
0
Partial Baths
13,488
SqFt
$147
/SqFt
1920
Built
County:
Orleans
Call Now: (504) 228-6500
Is this the home for you? We can help make it yours.
(504) 228-6500
3312 JOLIET Street3312 JOLIET Street3312 JOLIET Street3312 JOLIET Street
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Only 18 units remaining in the original 25-unit portfolio located close to S. Carrollton Avenue and Earhart Blvd intersection in New Orleans, LA. The 100% occupied community offers Eighteen (18) well maintained & renovated units amongst 9 buildings on the same block. There is also a value add opportunity to develop an additional 28,949 sf of land within the block, which includes land owned by the seller as well as a parcel of land that would have to be purchased from the city. The property is in an X flood zone, new central HVAC units added in 2018-2019 to all units, and several updates have been made to the property. The property boasts a high occupancy rate and many tenants have been there for several years, decreasing turnover costs. Total site size of the entire portfolio is 65,456 square feet or 1.5 acres. This presents an excellent investment opportunity for local, regional and national investors alike who are looking to expand their New Orleans footprint. Properties can be purchased as a portfolio or can be purchased individually as well.

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Listing Snapshot
Price 
$1,980,000
Days On Site 
55 Days
Bedrooms 
36
Inside Area (SqFt) 
13,488 sqft
Total Baths 
18
Full Baths 
18
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1920
MLS® Number 
2491408
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a week agoPrice changed to $1,980,000
a week agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Foundation 
Raised
Number Of Stories 
1
Parking 
Off Street
Property Sub Type 
Apartment
Sewer 
Public Sewer
Stories 
One
Style 
Other
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Central
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Exterior Features
Construction Details 
FrameWood Siding
Lot Features 
City Lot
Roof 
Shingle
Listing courtesy of Bridgewater Realty Advisors, LLC

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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