$1,595,000
For Sale

1431 ST ANDREW STREET

New Orleans, LA 70130
5069 sqft | 0.17 acres | #2503542
Browse 28 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Lower garden district just steps from Prytania and St. Charles. Rent at 10,600 per month. Aditional income potential is dormant from 2 laundry areas and gated parking. Ask agent for most updated rent roll. This meticulously maintained 9 plex is fully occupied with month to month tenants. Space has been maximized for income! Automatic gate with off street parking 7 cars. Separate electric meters with exception of Property Manager's Unit and communal area/hallways. Central HVAC or ductless in most units. Many original details include heart of pine floors, 12ft ceilings, and trim throughout. Kitchens have granite counters, refrigerators, microwave, dishwashers (most units) and Oven/ranges. Tenants have use of 2 Laundry rooms located conveniently on each level. Most units have private balconies/porches. X zone flood. Roof 2020/2021 8 Electric Meters/Shared Water. Very Well maintained. While this may not be approved for Short Term Rentals, Extended Medical Residences would be a perfect fit.

  • Property Details
      • Lot DescriptionCityLot, OversizedLot
      • Property SubtypeCommercialSale
      • Sewer InformationPublicSewer
      • Original List Price$1,595,000
      • Property TypePurchase
      • Structure TypeMixedUse
      • CountyOrleans
      • MLS #2503542
      • Cost1595000
      • MLS #2503542
      • Utility SourcePublic
      • Acres0.168
      • Square Feet5069
      • Year Built1890

Location

Troy Lawrence NMLS #1885144 | Magic Mortgage Inc NMLS #2654516Real Estate Group
OR

Interested in Purchasing 1431 ST ANDREW STREET?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00