About 1936-38 Saint Philip St
Sold as a package deal along with 910-12 N Prieur, 914-916 N Prieur and 1900 St Philip. $1,499,000. Owner Financing/Bond for Deed options available. This 7-Unit Multifamily Portfolio is comprised of three duplexes and one single family home all within one city block. The properties are centrally located in a high growth area of Treme. The location is minutes from downtown and the French Quarter with easy access to I-10 and US-90. Blocks from University Medical Center and the VA Hospital. All four properties have undergone full renovations in the past year including roofs, electrical and plumbing. All three duplexes have and/or are being rented to long term tenants with projected rents totaling $8200/month. The single family home is currently a STR with projected monthly rental income of $4000-$6000. LLC can be purchased and includes a cost segregation study with a sizable first year deduction. Inquire for more details.
Features of 1936-38 Saint Philip St
MLS® # | 2453297 |
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Price | $378,250 |
Bedrooms | 4 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 1,790 |
Acres | 0.00 |
Year Built | 1961 |
Type | Residential Income |
Sub-Type | Duplex, Traditional |
Status | Active |
Community Information
Address | 1936-38 Saint Philip St |
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City | New Orleans |
County | Orleans |
State | Louisiana |
Zip Code | 70116 |
Amenities
Parking | None |
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Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Heating | Window Unit |
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Cooling | WindowUnits |
Fireplace | No |
Has Basement | No |
Exterior
Exterior | Hardboard, Vinyl Siding, Wood Siding |
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Lot Description | City Lot, Rectangular Lot |
Roof | Asphalt |
Construction | Hardboard, Vinyl Siding, Wood Siding |
Foundation | Raised |
Additional Information
Days on Market | 112 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |