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2201 Annette St
New Orleans, LA 70119
Multifamily Property For Sale
·
4 Units
Investment Highlights
- 100% Occupied
- Multifamily zoning (HU-RD2)
- Existing cash flow with further value-add potential
- Proximity to I-10
Executive Summary
Now available for sale, 2201 Annette St is a 100% occupied, ±3,016 SF fourplex within a neighborhood characterized by vibrant growth and transformation.
This property is unique in the neighborhood for its multifamily zoning (HU-RD2).
The complex presents a lucrative opportunity for investors through strong cash flow and potential for rent increases through value-add cosmetic and amenity upgrades.
Annette St is nestled in an area rapidly developing with new constructions and renovations and near St Bernard Ave, making it highly attractive for tenants.
Tenants will benefit from proximity to essential city landmarks, including the Faubourg Marigny, the Fairgrounds, St Roch Market, and the French Quarter, enhancing the living experience. Additionally, the property offers convenient ±3 minute access to I-10.
This property is unique in the neighborhood for its multifamily zoning (HU-RD2).
The complex presents a lucrative opportunity for investors through strong cash flow and potential for rent increases through value-add cosmetic and amenity upgrades.
Annette St is nestled in an area rapidly developing with new constructions and renovations and near St Bernard Ave, making it highly attractive for tenants.
Tenants will benefit from proximity to essential city landmarks, including the Faubourg Marigny, the Fairgrounds, St Roch Market, and the French Quarter, enhancing the living experience. Additionally, the property offers convenient ±3 minute access to I-10.
Property Facts
| Price Per Unit | $118,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| No. Units | 4 | Building Size | 3,016 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Apartment Style | Low-Rise | ||
| Zoning | HU-RD2 - Multifamily | ||
| Price Per Unit | $118,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,016 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | HU-RD2 - Multifamily |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
Property Taxes
| Parcel Number | 3-7W-2-041-01 | Improvements Assessment | $29,090 |
| Land Assessment | $1,980 | Total Assessment | $31,070 |
Property Taxes
Parcel Number
3-7W-2-041-01
Land Assessment
$1,980
Improvements Assessment
$29,090
Total Assessment
$31,070
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