100% Occupied Fourplex in Rapidly Developing Neighborhood
$475,000
2201 Annette St, New Orleans, LA 70119
3,016 sqft
Building Size
0.154 acres
Lot Area
Details:
Highlights:
- 100% Occupied
- Existing cash flow with further value-add potential
- Multifamily zoning (HU-RD2)
- Proximity to I-10
Description:
Now available for sale, 2201 Annette St is a 100% occupied, ±3,016 SF fourplex within a neighborhood characterized by vibrant growth and transformation.
This property is unique in the neighborhood for its multifamily zoning (HU-RD2).
The complex presents a lucrative opportunity for investors through strong cash flow and potential for rent increases through value-add cosmetic and amenity upgrades.
Annette St is nestled in an area rapidly developing with new constructions and renovations and near St Bernard Ave, making it highly attractive for tenants.
Tenants will benefit from proximity to essential city landmarks, including the Faubourg Marigny, the Fairgrounds, St Roch Market, and the French Quarter, enhancing the living experience. Additionally, the property offers convenient ±3 minute access to I-10.
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Sq 1177, Lot A
Location
Gallery
