5402 ST CHARLES AVE, New Orleans, LA 70115
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5402 ST CHARLES AVE, New Orleans, LA 70115
5402 ST CHARLES AVE, New Orleans, LA 70115
5402 ST CHARLES AVE, New Orleans, LA 70115
5402 ST CHARLES AVE, New Orleans, LA 70115
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$ 5,400,000
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Price Dropped by $600K

5402 ST CHARLES AVE New Orleans, LA 70115

36 Beds

28 Baths

27,000 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 27,000 sqft

Price per Sqft $200

MLS Listing ID 2502512

Style Traditional

Bedrooms 36

Full Baths 28

Construction Status Very Good Condition

HOA Y/N No

Year Built 1943

Lot Size 0.734 Acres

Acres 0.7342

Property Sub-Type Apartment

Property Description

Prime Uptown Location – Long-Term Investment Opportunity!
Rare offering in one of New Orleans' most sought-after corridors. This 28-unit apartment building with 28 parking spaces, is just blocks from Tulane and Loyola Universities, the Freret Street corridor, and the new Trader Joe's.
A unique opportunity for an investor or developer seeking to acquire a premier location with strong rental demand and/or future redevelopment potential. The property currently produces steady income and is ideally suited for long-term hold while planning for repositioning or conversion down the road. Properties of this scale and location rarely become available. A legacy investment with exceptional upside for the future!

Location

State LA

County Orleans

Interior

Heating Heat Pump

Cooling Central Air, Ductless, Window Unit(s), Wall Unit(s)

Fireplace No

Exterior

Parking Features Assigned

Water Access Desc Public

Roof Type Slate

Building

Lot Description City Lot, Oversized Lot

Entry Level Three Or More

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Three Or More

Construction Status Very Good Condition

Others

Tax ID 614229301

Special Listing Condition None


Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by John Weil Realty, LLC
Jennifer Dixon

Jennifer Dixon

Rêve | Realtor | License ID: 995688069

+1(504) 236-1066

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5402 ST CHARLES AVE