1900 SAINT PHILIP Street, New Orleans LA, 70116

Active

1900 SAINT PHILIP Street

New Orleans LA, 70116

$1,499,000

$188.55 per sqft

Active

7,950 sqft

Commercial

Built in 1923

Courtesy of Logan Macrae with REVE, REALTORS

Owner Financing/Bond of Deed options available.

LLC can be included in purchase and includes a cost segregation study with a sizable first year deduction ($611k). Inquire for more details.

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 VA Hospital.

All four properties have undergone full renovations in the past year including roofs, electrical and plumbing.

All three duplexes have long term tenants with rents totaling $8140. The single family home is currently a STR with projected monthly rental income of $4000-$6000.

Being Sold as Package. Property Addresses: 1900 St Philip, 1936-38 St Philip, 910-12 N Prieur & 914-16 N Prieur.

2453739

MLSⓇ ID

June 14, 2024

Listed

October 11, 2024

Updated

Map

1900 SAINT PHILIP Street
New Orleans LA, 70116

Other Property Details

Days on Market: 73
Garage: No
Parking: None
View: No
County: Orleans
Water Source: Public
Pool: No
Zoning: HU-RD2

Listing History

Date	Event	Price
8/26/2024	Price change	$1,499,000 -4%

Listing Contact: (504) 444-9445

Based on information from the Gulf South Real Estate Information Network as of 10/11/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.