Value Add Investment Portfolio FOR SALE


New Orleans, LA - Treme-Lafitte
$1,799,000 USD
504-535-5680
, New Orleans, LA for Sale
$1,799,000 USD
FOR SALE
1/11
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Value Add Investment Portfolio
New Orleans, LA
Treme-Lafitte


OVERVIEW

This portfolio of seven historic New Orleans properties offers a compelling value-add investment opportunity for buyers or investors eager to restore classic homes in vibrant, sought-after neighborhoods. Featuring a Tremé corner lot with a shotgun double and a detached one-bedroom home, two shotgun doubles on Henriette Delille St. just one block from the French Quarter, a corner-lot double on N. Claiborne Avenue, and a Bayou Road double & triplex with stained glass, these properties boast high ceilings, original fireplaces, and timeless New Orleans charm. Strategic locations provide easy access to the French Quarter, Louis Armstrong Park, the Superdome, Marigny, and local cafes. While several units, including one severely damaged by Hurricane Ida and another needing full renovation, require repairs, the portfolio includes vacant units available for lease, offering immediate income potential. Recent upgrades, such as a new roof on one property, provide a solid foundation for renovations. With their historic character and prime locations, these properties present a unique chance to revitalize New Orleans’ architectural heritage while generating value through owner-occupancy or rental income.

ASK ABOUT THIS PROPERTY

Cameron GriffinThe McEnery CompanyMore Info
504-535-5680

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Cameron GriffinThe McEnery CompanyMore Info
504-535-5680

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.