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2933 Pine Street New Orleans, LA 70125

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For Sale
$615,000

Two-story 4-plex in Fountainbleau area, great investment opportunity.

Type:MULTI FAMILY FOR SALE / Townhouse
Property size:
3,908 SF
Added:
Sep 8, 2024
Days on Market:
587
Last Refresh:
Mar 13 at 2:26 pm

Property Features for 2933 Pine Street

General Information

Standard status
Active
Size
3,908 SF
Property subtype
MULTI FAMILY FOR SALE / Townhouse

Building Details

Year Built
1970

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Listing Contact
Karianne Chassee

Listing agent Karianne Chassee License #995712774

Listing office eXp Realty, LLC

Listing date Sep 8, 2024

Source Compass

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 eXp Realty, LLC


Overview

Fountainbleau 4-Plex Investment Opportunity

Located in the Fountainbleau area of New Orleans, adjacent to Dominican High School, the two-story 4-plex at 2933 Pine Street presents an investment opportunity. The property features four units. The two ground-floor shotgun units each include 2 bedrooms and 2 bathrooms. The upper shotgun units also have 2 bedrooms, each with one bathroom and a rear deck. Each unit is equipped with washer and dryer hookups and a central HVAC system. Renovations were completed around 2015, and hardwood floors were added to the lower units in 2018. All four units are currently rented. One unit includes off-street parking for one car. The property size is 3908 square feet. The property may be eligible for 3.5% down financing through FHA. The seller is offering the possibility of financing the purchase via a bond for deed with attractive terms. One unit could be owner-occupied, with rental income from the other three units covering the mortgage.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness 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
-90.1122897
Latitude
29.9572295

FAQs

What type of property is this?
Quadplex - Two-story 4-plex in Fountainbleau area, great investment opportunity.
Where is this quadplex located?
The property is located at 2933 Pine Street New Orleans, LA.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Four‑unit (4‑plex) property offering immediate rental income from all units.; Located in the desirable Fountainbleau area of New Orleans, adjacent to Dominican High School.; Potential for owner occupancy with rental income from remaining units to cover mortgage.
More about this property
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