1734 36 2ND ST, New Orleans, LA 70113
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1734 36 2ND ST, New Orleans, LA 70113
1734 36 2ND ST, New Orleans, LA 70113
1734 36 2ND ST, New Orleans, LA 70113
1734 36 2ND ST, New Orleans, LA 70113
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1734 36 2ND ST New Orleans, LA 70113

9 Beds

9 Baths

7,083 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,083 sqft

Price per Sqft $176

MLS Listing ID 2575791

Style Other

Bedrooms 9

Full Baths 9

Construction Status Very Good Condition

HOA Y/N No

Year Built 1977

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Apartment

Property Description

100% occupied at $10,380 per month ($124,560 gross annualized); value add opportunity with minor cosmetic renovations and ability to increase rents. 1734–1736 Second Street, New Orleans (Central City), at the corner of Second and Baronne. Nine-unit multifamily. Two adjoining addresses on a single tax parcel. Approximately +/-9,000 SF of building on an approximately +/-6,000 SF corner lot. All nine units are one bedroom, one bath, averaging approximately +/-1,000 SF. Property is 100% occupied at $10,380 per month ($124,560 gross annualized), plus coin-operated laundry income. Fenced yards, off-street parking, and conforming HU-RM1 zoning.

Located about two blocks from Oretha Castle Haley Boulevard. Nearby points of interest include the Southern Food and Beverage Museum, the Ashé Cultural Arts Center, Café Reconcile, and Central City BBQ. St. Charles Avenue streetcar, Magazine Street, and the Lower Garden District are nearby. The Central Business District, the Superdome, and the downtown medical corridor are also nearby.

Utility costs to ownership are limited; major operating expenses include insurance and taxes. At identical unit sizes, the five units at 1736 currently rent approximately +/-6% higher than the four units at 1734. All information is deemed reliable but not guaranteed; buyer and buyer's agent to verify.

Location

State LA

County Orleans

Interior

Heating Window Unit

Cooling Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Balcony, Porch

Parking Features Two Spaces

Pool None

Water Access Desc Public

Roof Type Shingle

Porch Balcony, Porch

Building

Lot Description City Lot, Rectangular Lot

Entry Level Three Or More

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories Three Or More

Construction Status Very Good Condition

Others

Tax ID 412107009

Special Listing Condition None


Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Bridgewater Realty Advisors, LLC
Aaron Ross

Aaron Ross

Rêve | Realtor License ID: 995683529

+1(504) 383-3347

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1734 36 2ND ST