2605 Washington Ave, New Orleans, LA 70113
Commercial property for lease
- Description
- Fully leased, completely renovated, turn-key investment. Zoned HU-MU which allows for year-round, full- time short-term rental. Property first built in 1970, this property had a full and complete inside and out renovation in mid/late 2016 including refinished exterior, new plumbing, electrical, interior HVAC, full kitchen renovations with granite countertops. Some units rented below market rate, upside potential to increase revenue. Ancillary income available from the on-site coin-operated laundry. Located 3 blocks away from the new Magnolia Marketplace retail center and is an easy walking distance to the Claiborne Avenue retail corridor with grocery, drug stores, and more. Building price details: $359,500.
- Exterior Features
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Parking Type: Other - Contact info
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Jon W SmithRE/MAX Commercial Brokers, Inc
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Number of Stories: 2 Year Built: 1970 Year Renovated: 2016 Submarket: Duplex/Fourplex, Low-Rise/Garden MSA: New Orleans-Metairie Zoning: HU-MU Buildings: 1 Broadband Internet: Cable Construction: Stucco Terms: Cash to Seller Added: 05/01/2018