9118 Olive Street
New Orleans, LA 70118
- 6 beds
- 4 baths
- 2,114 sqft
- $243 per sqft
- 1940 build
Investment Opportunity: Fourplex in Hollygrove/Carrollton Area Don’t miss this incredible chance to own a fully occupied fourplex in the desirable Hollygrove/Carrollton area of New Orleans. This property features four two-bedroom, one-bath units, all currently rented and generating steady income. Located across the street from a beautiful park, the property offers a serene view and a convenient recreational space for tenants. The building has been recently painted, giving it a fresh and well-maintained appearance. Tenants will appreciate the available street parking and the added benefit of a storage closet located in the rear of the property. With all units already occupied, this is a turnkey investment opportunity offering immediate cash flow.Whether you’re a first-time investor or looking to expand your portfolio, this property is the perfect addition for creating long-term wealth. The Hollygrove/Carrollton area is known for its charm, convenient location, and strong rental demand. Contact us today to schedule a viewing or for more details. This is your chance to step into property investment and secure a stable source of income. Akan Ellis Ellis Realty 504-240-9603
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Last updated Nov 28, 2024
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MLS# 2477691 —
The Building
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Year Built:1940
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Construction Materials:Brick
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Architectural Style:Traditional
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Building Area Source:Measured
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Roof:Asphalt, Shingle
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Foundation:Slab
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Levels:Two
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Stories:2
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Green Energy Efficient:Water Heater
Interior
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Living Area:2114
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Living Area Source:Measured
Financial & Terms
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Home Warranty:No
Location
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Cross Street:Cherry/ Hollygrove
The Property
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Parcel Number:716408514
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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:150 X 40
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Lot Size Area:0.1377
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Lot Size Acres:0.1377
Listing Agent
- Contact info:
- Agent phone:
- (504) 240-9603
- Office phone:
- (504) 240-9603
Taxes
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Tax Legal Description:SQ 516 LOT E OLIVE 40 X 150 TAX SALE 2001
Beds
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Bedrooms Total:6
Baths
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Full Baths:4
The Listing
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Current Price:$515,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Window Unit
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Heating:Yes
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Cooling:Window Unit(s)
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
Parking
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Parking Features:Off Street
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/28/24
Nov 28, 2024
|
Listed / Active | GSREIN | $515,000 |
