803 Constantinople StNew Orleans, LA 70115

Property Details for 803 Constantinople St

Property size (Sq ft)

2,575 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional three-unit multifamily property is situated just off Magazine Street in New Orleans' Uptown neighborhood. The property features two spacious two-bedroom, one-bathroom units and one charming one-bedroom, one-bathroom unit, totaling 2,575 square feet. Boasting impressive 12-foot ceilings in most areas, the units offer ample living space. Electrical and plumbing systems were updated in 2010. A lush garden area provides a relaxing outdoor space, perfect for entertaining. The property also offers off-street parking for two vehicles. Two of the three units are currently furnished and two are currently leased, with a third unit having two prospective tenants and a previous rental history of $1600 per month. This investment opportunity is ideally located near Tulane, Loyola, and Touro Universities, as well as Ochsner Hospital. The property's proximity to Magazine Street provides easy access to a vibrant array of restaurants and shops, including Superior Seafood, La Petite Grocery, Shaya, and Saba. The property's well-maintained condition and potential for expansion further enhance its investment value. The asking price is $795,000, or $265,000 per unit. A pre-approval letter or proof of funds is required with all offers. Showings require 48 hours' notice.

Location Insight

City

New Orleans

County

Orleans Parish

State

Louisiana

Latitude

29.9201

Longitude

-90.0968

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