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3027 Loyola Avenue, New Orleans, LA 70115

$480,000

Multi-Family|8 Full Baths

3,650 SqFt|MLS# 2148568

List Price
$480,000
List Date
04/02/2018
Status
Active
Type
Multi-Family
Full Bathrooms
8
Living Square Feet
3,650 SqFt
Number of Units
8
MLS#
2148568

Description

LOCATION~LOCATION IN Faubourg Delachaise neighborhood!! Only 2 blocks off of Louisiana Ave!! $$ MACHINE ~ CASH COW ~ 8 Plex Investment property$$$ Each unit consists of: OPEN FLOOR PLAN w/Fully Equipped Kitchens, Win. Unit A/C & Wall Heaters. Additional rental Income from an On-Site Laundry Facility!! FLOOD ZONE X . Each unit is leased to Long Term Tenants, all of whom desire to remain in place. EXCELLENT CASH FLOW/$5,387 Each Mo. & SUPER STRONG R.O.I. on this Property. DO NOT MISS THIS MONEY $$$ MAKER!!

Location

Parish
Orleans

Details

General Information

Stories
2
Approximate Age
75
Approximate Age Description
Resale

Style
• Other

Other Features

Waterfront
0
Sold with Waiver of Redhibition
Yes
Green Certification
No

Financial Information

Bond for Deed
No
Foreclosure
No
Lease Purchase
No
Owner May Finance
No

Utilities

Electric
Entergy
Electric Paid By
Owner
Gas
Natural
Gas Paid By
Owner
Water
Public
Water Paid By
Owner
Sewer
City
Meter Set Up
Separate

Heating
• Other
• Window Unit
Air Conditioning Type
• Window Unit

Exterior

Lot Size
76/76 x 36/28

Building Exterior
• Brick
• Stucco
Foundation
• Slab
Lot Description
• Regular
Roof
• Shingle

Interior

Elevator
No
Measurements Approximate
Yes

Listing Courtesy of GARDNER, REALTORS

Bounding Streets

S. Saratoga, Seventh, S. Liberty, Harmony


Map and Points of Interest

Select a Point of Interest and Radius from the form above.

Central City

Largely a neighborhood comprised of families in small to mid-sized homes, Central City is a historical neighborhood in New Orleans that borders the Lower Garden District. Its location makes it a great and affordable part of town, with easy access to downtown, Uptown, and Mid-City neighborhoods.
 
Central City is home to several businesses and restaurants, and this number is constantly on the rise as more passionate local business owners flock to Oretha Castle Haley Boulevard, a historic street with a long history as a shopping and business area that runs straight through the Central City community. Casa Borrega, a quirky Mexican restaurant with flavorful cuisine, is a Central City staple. Zeitgeist, an arts center, is located just across the street and constantly brings in independent films and art to the area.
 
Real estate in Central City has both residential and commercial properties. Many of the homes for sale in Central City have traditional Creole elements, cast-iron gates and windows, small porches, and sidewalks. This community is comprised of shotgun homes, wooden doubles, and brick multi-level apartment buildings.
 
To view all neighborhoods, click here!

School Information

6 Listings (0.15 Mile Radius)


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**Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

***Assessments are monthly fees such as Home Owners Association(HOA) Fees etc...

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REALTOR

Cell 504-231-2004
Office 504-891-6400

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