2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo
2638 New Orleans Street, New Orleans, LA 70119 Photo

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2638 New Orleans Street New Orleans, LA 70119
$350,000
Active / MLS# 2516807 / Commercial - Business / New Orleans
0 Beds

One property, four income streams, endless opportunity. Prime investment opportunity Located in the 7th w/d featuring both income-producing and value-add potential. Liquor License. The ground floor commercial space is currently operating as a bar with rental income of $1,600/month, with market potential up to $2,500/month. This versatile space includes two bathrooms and a full kitchen, easy conversion into a restaurant or other food/beverage concept. Upstairs, you'll find two 2-bedroom, 1-bath units?both in need of renovation?each with a projected rental income of $1,375/month after updates. Additionally, the property includes a separate 1-bedroom studio unit in a stand-alone house, potential rent $1,000/month -need renovations. With multiple income streams and opportunities to increase rental rates, this property is investors looking to maximize returns in a sought-after location.

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Property Details

Property Type: Commercial - Business
Lot Size: 0.07 Acres
Stories: 2.0

Feature Descriptions

Days on Site: 248
Exterior: Stucco, Wood Siding
Lot: City Lot, Rectangular Lot
Lot Dimensions: 110x 35
Parking: None
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Gulf Meridian Realty 
Agency Phone: (985) 400-5739

Shown By

Agency Title: John Weil Realty, LLC
Agency Phone: 504-512-6339

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