2201 Annette St New Orleans, LA 70119
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
Listing agent Benji Azar License #LA
Listing office Elifin Realty - New Orleans, LA
Listing date Feb 19, 2024
Source Crexi
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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
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0634368
- Latitude
- 29.9794769
Nearby Similar for Sale
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.
