100% occupied investment property on highly sought-after corridor in New Orleans with upside in rental income and value! This large 3-story, ~8,980 sf building on highly visible corner lot is comprised of nine (9) total spacious units: Two (2) ground floor commercial units & Seven (7) upper floor residential units; 100% occupied - currently producing $12,065/month ($144,780/yr) in gross rental income.A+ location on Canal Street in desirable Mid City neighborhood - 1 block from Canal & Norman C Francis intersection, with ample parking with 12 spaces in rear of building and multiple spaces in front of building. Call Bryce (504) 301-5583 or Mason (504) 298-5547 for information or to arrange a showing.
Listing courtesy of Bridgewater Realty Advisors.
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