1110 12 Third Street
New Orleans, LA 70130
- 7 beds
- 7 baths
- 4,765 sqft
- $183 per sqft
- 1914 build
This income-producing beauty houses 6 rental units in a prime New Orleans location, steps off Magazine St in the heart of the Garden District. Currently generating $7300 monthly income with room for growth as some units are under-rented. The roof is less than 1 year old and the entire exterior has been refurbished and repainted. The shared laundry has a brand new washer/dryer. There is a large 2 bed/2 bath "owner's unit" downstairs which retains sole use of the driveway parking and the rear yard. Each unit has unique features and fun details throughout the building. Low-maintenance yard. Located in the Garden District Security Patrol District. This building stays fully rented all the time. Located in an X flood zone, so flood insurance would not be required by a lender, but well worth the low annual premium of $1100. Building is fully occupied and several units have pets. 48 hour notice must be given for showings. As many units as possible will be made available for showings and all will be accessible for inspections.
Last checked:
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Checking…
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Last updated Oct 28, 2024
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MLS# 2449043 —
The Building
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Year Built:1914
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Construction Materials:Wood Siding
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Architectural Style:Victorian
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Building Area Source:Measured
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Roof:Shingle
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Foundation:Raised
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Exterior Features:Balcony, Fence, Porch, Permeable Paving
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Patio Features:Balcony, Porch
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Levels:Two
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Stories:2
Interior
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Living Area:4765
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Living Area Source:Measured
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Laundry Features:Common Area
Financial & Terms
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Home Warranty:No
Location
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Cross Street:Magazine, Camp, Second, Fourth
The Property
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Property Type:Residential Income
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Property Subtype Additional:Apartment
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Property Subtype:Apartment
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Property Condition:Average Condition
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Lot Features:City Lot, Rectangular Lot
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Lot Size Dimensions:41x127
Listing Agent
- Contact info:
- Agent phone:
- (504) 579-2677
- Office phone:
- (504) 579-2677
Taxes
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Tax Legal Description:SQ 150 LOT Z THIRD 41X127 DB 1110-12 SEE ADD A REC FILE #15953
Beds
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Bedrooms Total:7
Baths
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Full Baths:7
The Listing
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Current Price:$875,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central, Other
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Heating:Yes
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Cooling:Central Air, Window Unit(s)
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Pool Features:None
Parking
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Parking Features:One Space, Driveway
Extra Units
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# of Units Total:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/25/24
Jun 25, 2024
|
Listed / Active | GSREIN | $875,000 |
