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1110 12 Third Street

New Orleans, LA 70130
  • $875,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 2449043
UPDATED: 88 min ago
$875,000
  • 7
    BEDS
  • N/A
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 4,765
    SQFT
  • $184
    $/SQFT
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

Description

This income-producing beauty houses 6 rental units in a prime New Orleans location, steps off Magazine St in the heart of the Garden District. Currently generating $7300 monthly income with room for growth as some units are under-rented. The roof is less than 1 year old and the entire exterior has been refurbished and repainted. The shared laundry has a brand new washer/dryer. There is a large 2 bed/2 bath "owner's unit" downstairs which retains sole use of the driveway parking and the rear yard. Each unit has unique features and fun details throughout the building. Low-maintenance yard. Located in the Garden District Security Patrol District. This building stays fully rented all the time. Located in an X flood zone, so flood insurance would not be required by a lender, but well worth the low annual premium of $1100. Building is fully occupied and several units have pets. 48 hour notice must be given for showings. As many units as possible will be made available for showings and all will be accessible for inspections.

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Broker and Associates are licensed in the State of Louisiana, USA.
The Robin Group of Keller Williams Realty Services || 985-778-2525 || Mandeville, LA.

Terms & Conditions
© 2024 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Robin Group of Keller Williams Realty Services. Data last updated: 2024-07-13T11:34:46.607.
www.bestlouisianahomes.com/homes/152010128
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1110 12 Third Street New Orleans, LA 70130

  • Price: $875,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 88 min ago
  • MLS #: 2449043
7
Beds
7
Baths
0
½ Baths
N/A
Acres
4,765
SQFT
$184
$/SQFT
1914
Built
County:
Orleans
Property Description
This income-producing beauty houses 6 rental units in a prime New Orleans location, steps off Magazine St in the heart of the Garden District. Currently generating $7300 monthly income with room for growth as some units are under-rented. The roof is less than 1 year old and the entire exterior has been refurbished and repainted. The shared laundry has a brand new washer/dryer. There is a large 2 bed/2 bath "owner's unit" downstairs which retains sole use of the driveway parking and the rear yard. Each unit has unique features and fun details throughout the building. Low-maintenance yard. Located in the Garden District Security Patrol District. This building stays fully rented all the time. Located in an X flood zone, so flood insurance would not be required by a lender, but well worth the low annual premium of $1100. Building is fully occupied and several units have pets. 48 hour notice must be given for showings. As many units as possible will be made available for showings and all will be accessible for inspections.
Exterior Features

Construction Materials Wood Siding Exterior Features BalconyFencePorchPermeable Paving Foundation Details Raised Lot Features City LotRectangular Lot Lot Size Dimensions 41x127 Parking Features One SpaceDriveway Patio And Porch Features BalconyPorch Pool Features None Roof Shingle

Interior Features

Cooling Central AirWindow Unit(s) Heating CentralOther Heating YN Yes Laundry Features Common Area

Property Features

Architectural Style Victorian Cooling YN Yes Home Warranty YN No Levels Two Listing Terms Owner May Carry Owner Pays Water Property Condition Average Condition Property Sub Type Apartment Restrictions Sewer Public Sewer Special Listing Conditions None Tenant Pays ElectricityGas Watersource Public

Gulf South Real Estate Information Network Listing courtesy of Gulf South Real Estate Information Network.
Listing provided courtesy of Alison Barrios of Barrios Real Estate Group, Inc.: (504) 579-2677.



Broker and Associates are licensed in the State of Louisiana, USA.
The Robin Group of Keller Williams Realty Services || 985-778-2525 || Mandeville, LA.

Terms & Conditions
© 2024 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Robin Group of Keller Williams Realty Services. Data last updated: 2024-07-13T11:34:46.607.
 
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The Robin Group of Keller Williams Realty Services
5001 Hwy 190 East Service Rd Unit C6
Mandeville LA, 70458