2232 Abundance Street
New Orleans, LA 70122
- 15 beds
- 6 baths
- 4,100 sqft
- $170 per sqft
- 1960 build
This 2-story multifamily quadraplex in New Orleans, LA, is a compelling investment opportunity for those with a keen eye for real estate potential. Situated in a prime location and boasting spacious units with unique character, this property offers a blank canvas for buyers to transform it into a standout asset in the city's vibrant market. Potential investors should take note of the property's updated condition. The provided photos offer a glimpse into the property's true protential and style, with all units sharing similar attributes. Inquiries into this exciting investment opportunity are encouraged, as seizing this chance to be part of New Orleans' magic could lead to a rewarding venture for those willing to take on the challenge. Come and see for yourself how the bamboo flooring and fresh paint creates a clean an vibrant enviroment. The exterior was upgraded to stucco and the balconies have been re-done along with a brand new roof. Tenants are already nestled within this property with annual leases that are up for renewal in March 2025. All information is estimated and buyers have to verify all data during their due diligence period. Room measurements are approximate and may vary slightly in each individual unit.
Last checked:
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Checking…
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Last updated Oct 30, 2024
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MLS# 2435255 —
The Building
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Year Built:1960
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Year Built Details:Exterior renovations completed 2024
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Construction Materials:Stucco
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Architectural Style:Traditional
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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
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Patio Features:Balcony
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Levels:Two
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Stories:2
Interior
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Rooms Total:6
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Living Area:4100
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Living Area Source:Measured
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Laundry Features:In Unit
Financial & Terms
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Home Warranty:No
Location
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Directions:From I-10 take Elysian Fields exit towards the lakefront and a right on Abundance. The property is on the corner of Abundance and Marigny.
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Cross Street:Marigny and Elysian Fields
The Property
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Parcel Number:38W210401
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Property Type:Residential Income
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Property Subtype Additional:Quadruplex
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Property Subtype:Quadruplex
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Property Condition:Excellent
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Lot Features:City Lot, Rectangular Lot
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Lot Size Dimensions:57x107
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Lot Size Area:0.14
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Lot Size Acres:0.14
Listing Agent
- Contact info:
- Agent phone:
- (985) 250-0071
- Office phone:
- (985) 250-0071
Taxes
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Tax Lot:9A
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Tax Legal Description:SQ 1796 LOT 9 A 57X107 FR FP 5/RMS A/R 2232-34-36-38 ABUNDANCE ST & MARIGNY
Beds
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Bedrooms Total:15
Baths
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Full Baths:6
The Listing
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Current Price:$698,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:Yes
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Cooling:Central Air
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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:Off Street
Extra Units
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# of Units Total:4
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/15/24
Aug 15, 2024
|
Price Changed | GSREIN | $698,000 | -4.4% |
|
4/4/24
Apr 4, 2024
|
Price Changed | GSREIN | $730,000 | -1.4% |
|
3/21/24
Mar 21, 2024
|
Price Changed | GSREIN | $740,000 | -1.3% |
