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1570 Magazine Street, New Orleans, LA

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1570 Magazine Street

New Orleans, LA 70130 - Lower Garden District MF Submarket

Property Type:Multi-Family Number of Units:12 Status:Existing Year Built:-
Stories:2 Building Size:10,392 SF Land Area:.17 AC (7,619 SF)
For Sale Price:$1,250,000 Price/Unit:$104,166.67 Cap Rate:- GRM:-


Sale Notes:
Come be a part of the Lower Garden District BOOM! Very rare development lot plus 100% occupied 4-plex directly across from the biggest new development on Magazine Street! Lots of room for rental increases. Come leave your mark on Magazine Street while enjoying income from the 4-plex during your construction period. Property has been under same ownership for decades and has been meticulously maintained and updated.

Contact for inquiries and viewings!

The McEnery Company, Incorporated
Parke McEnery
(985) 246-3900

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