About 2808-2814 Philip Street
Offered for sale is a newly constructed (2021) 4-unit complex that is leased to PadSplit - the leading operator of shared workforce housing. Occupants are members and pay a weekly fee to PadSplit to occupy a bedroom on a long-term basis. The operating lease has approximately 3.5 years remaining on the initial term and can be cancelled by the owner with 30 days noticed at any time. Historic expenses and revenue are summarized below.
Features of 2808-2814 Philip Street
| MLS® # | 2351139 |
|---|---|
| Price | $982,500 |
| Bathrooms | 0.00 |
| Square Footage | 6,052 |
| Acres | 0.00 |
| Year Built | 2021 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 2808-2814 Philip Street |
|---|---|
| City | New Orleans |
| County | Orleans |
| State | Louisiana |
| Zip Code | 70113 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Exterior | HardiPlank Type |
|---|---|
| Lot Description | City Lot, Rectangular Lot |
| Construction | HardiPlank Type |
Additional Information
| Days on Market | 114 |
|---|---|
| Zoning | HU-RD2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |