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Listed byTalbot Realty Group • Christopher Patrick Talbot • 504-525-9763
$ 514,900
Est. payment /mo
Active
2226 BARRACKS ST New Orleans, LA 70119
4 Beds
3 Baths
2,832 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $181
MLS Listing ID 2548541
Style Acadian
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1920
Acres 0.11
Lot Dimensions 47 x 101
Property Sub-Type Triplex
Source ROAM MLS
Land Area 2832
Property Description
Owner Financing ***Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years, Additional Principal Payment: 10% due at year 2, Balloon Payment: Remaining balance due at year 5***Tenant-occupied multifamily investment opportunity in a prime New Orleans location just off Esplanade Avenue. This historic income-producing property offers current in-place rental revenue of $3,922 per month, off-street parking, and a flexible three-unit configuration. Distinctive architectural character, updated interiors, and strong access to the French Quarter, Fair Grounds, CBD, and other major demand drivers make this a solid opportunity for investors seeking cash flow with long-term upside.
Location
State LA
County Orleans
Area 0.11
Interior
Cooling Window Unit(s), Other
Fireplace No
Exterior
Parking Features Off Street
Utilities Available Natural Gas Available
Garage No
Building
Lot Description Other
Foundation Raised
Water Public
Architectural Style Acadian
New Construction No
Others
Tax ID 208107114
Virtual Tour https://www.propertypanorama.com/instaview/roam/2548541
