2905 Carondelet Street
New Orleans, LA 70115
- 4 beds
- 4 baths
- 2,592 sqft
- $185 per sqft
- 1963 build
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Location, location, location! This fourplex is meticulously maintained and located one block from the St. Charles Ave Mardi Gras Parade Route. It is an excellent investment opportunity for savvy investors, offering four one-bedroom, one-bathroom units with plenty of living space. The property also offers off-street parking. The potential of transforming this fourplex into a fully renovated set of condos or fourplex is endless, giving you a variety of investment options. The tenants are currently on month-to-month leases, allowing you to increase the rent potential significantly. Two units are currently vacant and available for general showings; the rest can be shown with an accepted contract. This presents an opportunity for investors to add value and maximize returns. With the right upgrades, this property can shine, and it offers easy access to the interstate and all the attractions that New Orleans has to offer. The option for owner financing is available for interested buyers, and the seller is highly motivated to sell. The mortgage offer includes a 25-year term with a 5% interest rate. The down payment required for this offer is $50,000.
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Last updated May 18, 2024
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MLS# 2423826 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/4/24
Mar 4, 2024
|
Sold | GSREIN | $480,000 | -5.9% |
|
1/26/24
Jan 26, 2024
|
Sold Subject To Contingencies | GSREIN | $509,900 | |
|
1/16/24
Jan 16, 2024
|
Price Changed | GSREIN | $509,900 | -5.6% |