2305 07 Valmont Street
New Orleans, LA 70115
- 5 beds
- 5 baths
- 3,193 sqft
- $112 per sqft
- 1923 build
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Introducing an exciting Investment/Renovation Opportunity in the Heart of Freret Street Business corridor. 2305-07 Valmont Street is a 3 unit property within the bustling Freret Street business district, consists of a TWO -2 Bedroom 2 Baths units and ONE - 2 Bedroom 1 Bath. The property has a coveted HU-MU commercial zoning, this versatile gem offers an array of possibilities. Currently generating a steady income, this property holds enormous potential to be transformed and utilized for commercial purposes. There are 3 electric meters, 1 gas meter, and 1 water meter. All three compressors have been replaced in the last 5 years. New heat pump replaced two years ago for 2305. New roof was put on last year! Situated in one of the coolest and most vibrant areas of New Orleans, this prime location is just a stone's throw away from esteemed universities. Its proximity to the academic hub ensures a steady flow of potential customers, making it an irresistible prospect for business ventures. There are many restaurants, coffee shops and businesses within 1 block of the property. Don't miss out on this golden opportunity to invest in the heart of New Orleans' vibrant Freret Street. Embrace the potential and seize this remarkable property, as it awaits its next chapter in the thriving commercial landscape of the city. Contact us today to schedule a viewing and unlock the possibilities that await!
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Last updated Nov 14, 2024
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MLS# 2441455 —
The Building
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Year Built:1923
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Construction Materials:Wood Siding
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Architectural Style:Other
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Building Area Source:Measured
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Roof:Asphalt, Shingle
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Foundation:Raised
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Levels:Two
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Stories:2
Interior
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Living Area:3193
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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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Cross Street:Freret, S. Robertson
The Property
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Parcel Number:2305-VALMONTST
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Property Type:Residential Income
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Property Subtype Additional:Triplex
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Property Subtype:Triplex
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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:31 x 103
Listing Agent
- Contact info:
- Agent phone:
- (504) 766-6705
- Office phone:
- (504) 766-6705
Taxes
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Tax Legal Description:1. SQ 609 LOTS B 5 & X 2. 31X103 2305-07A&B VALMONT ST 3. S & 2 APTS 4. FILE #83142 12/01 SUCN
Beds
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Bedrooms Total:5
Baths
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Full Baths:5
The Listing
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Current Price:$360,000
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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:None
Extra Units
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# of Units Total:3
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
|
Sold | GSREIN | $360,000 | -9.8% |
|
8/2/24
Aug 2, 2024
|
Sold Subject To Contingencies | GSREIN | $399,000 | |
|
7/17/24
Jul 17, 2024
|
Price Changed | GSREIN | $399,000 | -6.1% |
