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Listed byTalbot Realty Group • Shaun K Talbot • 504-525-9763
$ 550,000
Est. payment /mo
Active
2831 Palmer AVE New Orleans, LA 70118
6 Beds
5 Baths
2,961 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,961 sqft
Price per Sqft $185
MLS Listing ID 2579689
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 1930
Lot Dimensions 37.11 / 38 X 75.7 / 79.1
Property Sub-Type Quadruplex
Source ROAM MLS
Land Area 2961
Property Description
A traditional raised basement home w/ rental income in the heart of Uptown's University District in walking distance to Tulane and Loyola Universities and Ursuline School. Closing cost credits available. The property, held in the same family for over 75 years, features a 2nd floor, recently renovated 3 bedroom owner's residence over two ground floor 2 bed / 1 bath apartments with a rear 1 bedroom garage studio. Very convenient location. Units are under rented with mth. to mth. terms and there are value add possibilities. Tenants are long term w/ very stable occupancy. The 2nd floor owner's Unit, vacant and ready for occupancy, contains 3 bedrooms, a fully equipped kitchen, 2 full bathrooms and rear balcony. There is off street parking and a small landscaped yard in the rear for residents' use. It is ideal for an owner / resident who can take advantage of rental income to defray property expenses.
Location
State LA
County Orleans
Direction Right side of Palmer bw Willow and Claiborne
Interior
Cooling Central Air, Multi Units, Window Unit(s)
Flooring Tile, Other
Fireplace No
Appliance Dishwasher
Exterior
Parking Features Driveway
Garage Spaces 2.0
Utilities Available Natural Gas Available
Total Parking Spaces 2
Garage No
Building
Lot Description Other
Foundation Other
Water Public
New Construction No
Others
