1609 1613 BARONNE Street, New Orleans, LA, 70113

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$5,200,000
6 Days On Site

1609 1613 BARONNE Street
New Orleans, LA 70113

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
20,000
SqFt
$260
/SqFt
2021
Built
County:
Orleans
Call Now: (504) 228-6500
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(504) 228-6500
1609 1613 BARONNE Street1609 1613 BARONNE Street1609 1613 BARONNE Street1609 1613 BARONNE Street
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INCOME-PRODUCING NEW ORLEANS INVESTMENT OPPORTUNITY — 10 UNITS An income opportunity in one of New Orleans’ most desirable and walkable locations. Just steps from St. Charles Avenue and the Lower Garden District, this versatile 10-unit property offers a combination of short-term/Airbnb and residential rental income, creating multiple potential revenue streams for the investor. According to the attached financial information, commercial and residential income averages approximately $79,000, with other operating expenses detailed in the accompanying documentation. Now think beyond today’s numbers. Ten units. Multiple income streams. One exceptional location. Whether you're looking to add an income-producing property to an existing portfolio or want the opportunity to live in one unit while the other units generate income, this property offers flexibility for a variety of investment strategies. And then there is the location. St. Charles Avenue. The Lower Garden District. New Orleans. This property places residents and guests in the heart of one of the city's most recognizable neighborhoods, surrounded by restaurants, entertainment, culture, transportation, and the unmistakable lifestyle that makes New Orleans unique. 10 units. Multiple income opportunities. Prime New Orleans location. This could be the income opportunity your portfolio has been waiting for. Don't miss it. NDA AND PROOF OF FUNDS REQUIRED PRIOR TO SHOWING. Serious and qualified buyers only. All income, expenses, occupancy, rental information, measurements, zoning, permitted uses, licenses, short-term rental status, and other property information must be independently verified by the purchaser. Information is believed to be reliable but is not guaranteed.

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Listing Snapshot
Price 
$5,200,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
20,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0937 Acres
Year Built 
2021
MLS® Number 
2579348
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayStatus changed to Active
yesterdayListing updated with changes from the MLS®
7 days agoListing first seen on site
General Features
Acres 
0.0937
Cross Street 
Euterpe Terpsichore
Garage 
Yes
Levels 
Three Or More
Parking 
Garage
Sewer 
Public Sewer
SqFt Total 
20000
Water Source 
Public
Zoning 
HU-MU
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Exterior Features
Construction Details 
HardiPlank TypeOther
Lot Features 
City LotRectangular Lot
Listing courtesy of Anthony Posey Properties, Inc

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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