3324 Seine St , New Orleans, Louisiana

$362,500

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10

Beds

13

Baths

5,342

Square feet

0.15

Acres

About 3324 Seine St

Investor’s Dream – 4 Fourplexes Sold as a Package! Rare opportunity to acquire four income-producing fourplexes being offered together as a package deal MLS #2518525, 2518533, and 2518524. 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. Don’t 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 is approximately $3000 per building per year.

Features of 3324 Seine St

MLS® # 2518530
Price $362,500
Bedrooms 10
Bathrooms 13.00
Full Baths 4
Half Baths 9
Square Footage 5,342
Acres 0.15
Year Built 1985
Type Residential Income
Sub-Type Quadruplex, Other
Status Active

Community Information

Address 3324 Seine St
City New Orleans
County Orleans
State Louisiana
Zip Code 70114

Amenities

Parking Carport, Off Street
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Central
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick
Lot Description Outside City Limits, Rectangular Lot
Roof Shingle
Construction Brick
Foundation Slab

Additional Information

Days on Market 58
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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