136 Olympia St New Orleans, LA 70119

Property Details for 136 Olympia St

Property type

Land

Property subtype

Apartment buildings

Description

This beautifully maintained six-unit apartment building in New Orleans presents a compelling investment opportunity. Priced at $1,175,000, the property comprises two charming Arts and Crafts style homes built around 1930, each offering one-bedroom, one-bathroom apartments. Located just one block from Canal Street, this property benefits from its prime location in a vibrant neighborhood with abundant restaurants and shopping. The first house features two apartments, one in the front and one in the back, while the second house contains four units – two upstairs and two downstairs. Both homes retain much of their original architectural details, complemented by modern amenities. Each home boasts a covered front porch. A small courtyard separates the houses in the front, while a rear courtyard provides a shared sitting area, a one-car garage, outdoor storage, and a laundry area for units lacking in-unit hookups. The property's proximity to the Canal Streetcar line ensures easy access to the city's attractions. This is an exceptional opportunity to acquire a well-maintained, income-producing multifamily property in a highly desirable New Orleans location. The address is 136 S Olympia Street, Units 1-6, New Orleans, LA 70119.