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2201 Annette St New Orleans, LA 70119

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For Sale
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Fully occupied fourplex in a rapidly developing New Orleans neighborhood.

Type:Multifamily
Property size:
3,016 SF
Added:
Feb 19, 2024
Days on Market:
777
Last Refresh:
Mar 21 at 8:22 pm

Property Features for 2201 Annette St

General Information

Standard status
Active
Size
3,016 SF
Property subtype
Multifamily

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Listing Contact
Benji Azar

Listing agent Benji Azar License #LA

Listing office Elifin Realty - New Orleans, LA

Listing date Feb 19, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Elifin Realty - New Orleans, LA


Overview

New Orleans Fourplex Investment Opportunity

Located on Annette Street, this fully occupied fourplex offers an investment opportunity in a rapidly growing and transforming New Orleans neighborhood. The property has a building size of approximately 3,016 square feet. The multifamily zoning (HU-RD2) distinguishes this property within the neighborhood. The complex is positioned to generate strong cash flow, with potential for increased rents through cosmetic and amenity upgrades. The location near St Bernard Avenue places it in an area with ongoing new construction and renovations, appealing to tenants. Its location provides convenient access, approximately 3 minutes, to I-10. Residents benefit from the property's proximity to key city attractions, including the Faubourg Marigny, the Fairgrounds, St Roch Market, and the French Quarter.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New Orleans
County
Jefferson
State
Louisiana
Longitude
-90.0634368
Latitude
29.9794769

FAQs

What type of property is this?
Quadplex - Fully occupied fourplex in a rapidly developing New Orleans neighborhood.
Where is this quadplex located?
The property is located at 2201 Annette St New Orleans, LA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 100% Occupied Fourplex: Provides immediate and strong cash flow.; Multifamily Zoning (HU‑RD2): Allows for potential expansion or redevelopment.; Value‑Add Potential: Increase rents through cosmetic and amenity upgrades.
More about this property
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