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2633 Governor Nicholls Street

New Orleans, LA 70119

5 beds
4 baths
2,604 sqft
$124 per sqft
1958 build

2633 Governor Nicholls Street is a 4-unit multifamily property located in the rapidly-growing Treme neighborhood, just blocks away from the Esplanade Avenue and N. Broad St intersection. The property is in great condition and has major upside potential in rents or can be owner-occupied with rental income to offset housing costs using an FHA loan.The building contains four (4) units that with three (3) 1 bedroom and 1 bathroom units and one (1) 2 bedroom 1 bathroom unit. Two (2) of the units are 592 sf, one (1)unit is 452 sf and the largest unit (2 bedroom) is 968 square feet. The property is currently 100% occupied with below market rents, allowing for a new owner to raise rents to market without much work. The property is also located in a favorable X flood zone with no flood insurance requirements.

Listing courtesy of GSREIN / Bridgewater Realty Advisors, LLC

Last checked: Checking… • Last updated Nov 22, 2024 •

MLS# 2477041 —

The Building

Year Built:

1958
Construction Materials:

Frame, Vinyl Siding
Architectural Style:

Other
Building Area Source:

Measured
Roof:

Shingle
Foundation:

Raised, Slab
Levels:

Two
Stories:

2

Interior

Living Area:

2604
Living Area Source:

Measured

Location

Cross Street:

N Broad, N Dorgenois, Barracks, Ursulines

The Property

Parcel Number:

208108626
Property Type:

Residential Income
Property Subtype Additional:

Quadruplex
Property Subtype:

Quadruplex
Property Condition:

Very Good Condition
Lot Features:

City Lot, Rectangular Lot
Lot Size Dimensions:

30x152

Listing Agent

Contact info:

Beds

Bedrooms Total:

5

Baths

Full Baths:

4

The Listing

Current Price:

$325,000
Special Listing Conditions:

None

Heating & Cooling

Heating:

Window Unit
Heating:

Yes
Cooling:

Window Unit(s)
Cooling:

Yes

Utilities

Sewer:

Public Sewer
Water Source:

Public

Parking

Parking Features:

Driveway, Two Spaces

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Max Internet Speed

Cox

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
11/21/24 Nov 21, 2024	Listed / Active	GSREIN	$325,000	20.4% (4.2% / YR)
1/17/20 Jan 17, 2020		GSREIN	$270,000	35.0% (14.2% / YR)
12/17/19 Dec 17, 2019		GSREIN

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This multifamily located in Mid-City New Orleans, New Orleans, LA 70119 is currently for sale for $325,000. 2633 Governor Nicholls Street is a 2,604 square foot multifamily with 5 beds and 4 baths. 2633 Governor Nicholls Street is in the Mid-City New Orleans neighborhood of New Orleans. This multifamily is in the attendance area of New Orleans Charter Science And Math School, Bethune Elementary School, Benjamin Franklin Elementary School, Ben Franklin Elementary Math Science, Moton Charter School, Edna Karr High School, Enstein Charter School, Lake Forest Elementary Charter, Lusher Charter School, and Hynes Charter School.

Listing Courtesy of: GSREIN and Bridgewater Realty Advisors, LLC. Data displayed here has not been verified by Estately. Disclaimers