8729-31 Edinburgh Street New Orleans, LA 70118

Building Details

Year Built

1940

Listing agency Anthony Posey Properties, Inc p***@aol.com Show Phone

Listed by Anthony Posey · License #000075384 Show Phone

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Added: May 30 Updated: Jul 21 at 7:56AM Checked: Jul 22 at 10:27AM

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Investment Insights

Based on property information with market context.

This multifamily income property is currently generating rent. The remarks indicate the property could produce more with renovations and does need painting, while rents are described as fine as-is.

Ownership includes payment of water and electric, and the upstairs unit is described as paying its own electric. The seller also notes a $5,000 credit for buyers toward a down payment, prepaids, and/or closing costs.

Showings require 24–48 hours, and access may be limited to one or two apartments. Offers are being considered.

Key Highlights

• $3,478 monthly rental income noted, with rents fine as‑is
• 3 bedrooms and 3 full bathrooms in a 2‑story wood siding building (built 1940)
• Owner pays water and electric; upstairs tenants pay their own electric

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FAQs

What type of property is this?

Multifamily property - Investment multifamily property with existing rental income and noted interior painting needs.

Where is this multifamily property located?

The property is located at 8729-31 Edinburgh Street New Orleans, LA.

What is the asking price?

The asking price for this property is $190,000.

What are key features of this property?

This property features: $3,478 monthly rental income noted, with rents fine as‑is; 3 bedrooms and 3 full bathrooms in a 2‑story wood siding building (built 1940); Owner pays water and electric; upstairs tenants pay their own electric