2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo
2714 N Galvez Street, New Orleans, LA 70117 Photo

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2714 N Galvez Street New Orleans, LA 70117
$624,999
Active / MLS# 2538908 / Multi Unit - Multiple / New Orleans
12 Beds
6 Baths
5252 SqFt

1031 Exchange or as a Cash Cow! This stunning, newly renovated 6-unit building is a money-making machine with significant upside potential. Currently, the property is generating only $5,800/month ? well below market value ? creating an exceptional opportunity for investors to maximize rental income. Section 8 Rent Potential: 1 Bedroom Units: $1,149/month each x 2 units = $2,298/month 2 Bedroom Units: $1,362/month each x 2 units = $2,724/month 3 Bedroom Units: $1,750/month each x 2 units = $3,500/month Total Potential Section 8 Income: $8,522/month That's a $102,264/year potential income! Key Features: Fully Renovated in 2023 from the studs up Professionally Managed, cash-flowing Section 8 rental Upstairs Units: 2 x 3-bedroom, 1-bath units with updated kitchens, hardwood floors, and open floor plans Downstairs Units: 4 units ? 2 x 2-bedroom, 1-bath and 2 x 1-bedroom, 1-bath units, each with separate water & electricity meters and central air Ample Storage space throughout the building This is your chance to own a premium investment property that is cash-flowing and poised for growth. Whether you're looking for steady monthly income or a 1031 Exchange opportunity, this property is a standout. Bonus: Seller Financing & Bond for Deed Friendly! This turnkey property won't last long! Owner/Agent is a licensed real estate professional. Don't miss out ? schedule a viewing today!

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Mortgage Calculator

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yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 1,571.18 per month $1,388.89 Principal & Interest $0.00 Property Tax (data not provided by mls) $182.29 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fenced: Yes
Heating: Ductless, Window Unit, Wall Furnace
Home Style: Apartment, Traditional
Lot Size: 0.11 Acres
Roof Type: Shingle
Stories: 2.0

Amenities

Balcony
Fence

Feature Descriptions

Days on Site: 90
Exterior: Block, Concrete, Wood Siding
Lot: City Lot, Irregular Lot
Lot Dimensions: 30X124,24X31
Parking: Off Street, Parking Lot
Patio/Porch: Balcony
Property Condition: Excellent
Sewer: Public Sewer
Units: 6
Water: Public
Window: Screens

Listed By / Shown By

Listed By

Agency Name: Fleur De Lee Realty, LLC
Agency Phone: (678) 250-4114

Shown By

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

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