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6218 Arts New Orleans, LA $ 2,900,000
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$ 2,900,000 Get more info
6218 Arts
$ 2,900,000
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6218 Arts

New Orleans, LA, 70122
$ 2,900,000
Bedrooms2 Baths1.1 Sq 64,040

Monthly Estimate*

$ 19,274

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Multi-Family Home for sale in New Orleans, LA

for $2,900,000 with 2 bedrooms and 1 full bath, 1 half bath. This 64,040 square foot home was built on a lot size of 1.45.

SELLER FINANCING OPPORTUNITY This property consists of five townhouse style apartment buildings totaling approximately 34,000 sf of building area. These five buildings are sitting on six parcels of land totaling approximately 63,000 sf. There are 28 two story apartment units of approximately 980 sf of living area with 2 bedrooms and 1.5 baths. Property Highlights - New roofs - Individually metered for water and electricity - Tenants pay all utilities - Each unit has a washer and dryer hook up - Long term tenants - Long term owner - Several units are Section 8 units - Professionally managed - Some updated appliances For CA and Financials visit: https://dealroom.realnex.com/ca.aspx?data=%2f0pASgiIq3rLQh5FkwXiIQ%3d%3d

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Multi-Family Pending

Price

$ 2,900,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Apt Complex (5+ Units)

Lot Size

1.45

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2024003931
Features
General
Heating Central Heat
Exterior Features Balcony Patio Porch
HOA NONE
Subdivision Gentilly LA
County ORLEANS
Class Multi-Family
Type Apt Complex (5+ Units)
Status Pending
Primary City New Orleans
Directions From Kenner drive East on I-10 and get on I-610. Get off on Franklin Ave towards the Lake (North). Take a Left on Allen Toussaint Blvd then take a right on Arts St. You will see them on the left.
City New Orleans
School District Orleans Parish
Street Name ARTS
Financing Cash Fin Other Financing Owner Financed
Legal Description SQ 5035 Lot J-8-A to J-14-A
Special Sales Type As Is
Total Sq Ft 64040
Postal Code 70122
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Interior
Flooring Other Floor
Total Number of Units 28
Kitchen Features Refrigerator
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Exterior
Foundation Slab:Traditional Found
Lot 38W414814-19 Level Lot
Lot Size Area 1.45
Fencing Other Fence Partial Fence
Water/Sewer Public Sewer Public Water
Existing Structures 5
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* Excluded Features
List By
Miguel Castro

Listing Agent

Castro Real Estate Services, Llc

Broker

miguel@castrorealestateservices.com

Email

Affordability Calculator

$19,274
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,274
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2357273 Elementary School
2357272 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/8/2024$2,900,000 Listed Price

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6218 Arts, New Orleans, LA, 70122 is a Multi-Family Home for sale at $2,900,000 with 64,040 sqft and a lot size of 1.45. 6218 Arts has 2 bedrooms and 1.1 baths. The property's zip code is 70122 which is in New Orleans, LA

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