Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,650,000
-- Bed
- -- Bath
--sqft
5206 Magazine Street, New Orleans, LA 70115
$1,650,000
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Multi Family
Built in -
$-- HOA
5,850 sqft lot
--/sqft
Description
Incredible investment opportunity in the heart of Magazine Street's vibrant commercial corridor! This mixed-use property offers 5,103 total square feet (4,442 living) on a deep 45' x 130' lot. Two long-term commercial tenants anchor the street-level frontage, offering strong visibility and consistent rental income. The residential portion includes three apartments: a rented 1-bedroom unit, a large, newly renovated 2-bedroom, 1.5-bath unit with a bonus office/exercise room and 2024 updated kitchen (owner occupied), and a third 1-bedroom, 1-bath upper unit in need of a full renovation--an excellent value-add opportunity. Foundation piers were replaced in 2024. With over $75...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
5,850 sqft lot
Basement Area
- sqft
MLS Name
REALTOR® Association of Acadiana (Lafayette) MLS
MLS Number
NO2511388
MLS Status
Active
Days on Market
160
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