About 3316 Seine St
Investorâs Dream â 4 Fourplexes Sold as a Package! Rare opportunity to acquire four income-producing fourplexes being offered together as a package deal MLS #2518524, 2518530, and 2518533. If not interested in all four building, 3316 can be sold with 3324, for a total of 8 units. 3300 and 3330 can be sold individually. With a new roof installed in 2022 and over 50% of the units renovated in the last two years, much of the heavy lifting has already been done. Current monthly rents total $15,026 with 5 vacancies, all recently spruced up and 3 are currently tenant ready. Significant upside potential to reach approximately $24,000 per month under Section 8 payment standards. This is a strong value-add investment with both stable cash flow and room for growth. Donât miss the chance to own a solid multi-family portfolio with immediate income and long-term potential! Do not miss out on this awesome addition to any portfolio. Priced below recent appraisal. Flood insurance runs approximately $3000 per building annually.
Features of 3316 Seine St
| MLS® # | 2518525 |
|---|---|
| Price | $362,500 |
| Bedrooms | 10 |
| Bathrooms | 13.00 |
| Full Baths | 4 |
| Half Baths | 9 |
| Square Footage | 5,326 |
| Acres | 0.15 |
| Year Built | 1985 |
| Type | Residential Income |
| Sub-Type | Quadruplex, Other |
| Status | Active |
Community Information
| Address | 3316 Seine St |
|---|---|
| City | New Orleans |
| County | Orleans |
| State | Louisiana |
| Zip Code | 70114 |
Amenities
| Parking | Detached, Off Street |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | City Lot, Rectangular Lot |
| Roof | Shingle |
| Construction | Brick |
| Foundation | Slab |
Additional Information
| Days on Market | 58 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |