Annie Palmer, CPA
Office: 504.605.4400
524 N Alexander St, New Orleans
$999,000
8 Beds
4 Baths
3,800 Sqft
0 Acres
No Garage
Amazing opportunity to own this beautiful 4-plex & VACANT LOT in MID-CITY. Zoned HU-MU which allows for a wide variety of uses - https://czo.nola.gov/article-12/ - B&B, Group Home, Day Care Center, Art Gallery, Pet Day Care, Health Club, Micro-Brewery/Distillery, Commercial STR, etc. X Flood zone. Fannie Mae announced , starting NOV 18TH 2023 they are rolling out a game changing 5% down payment option for owner occupied multi family properties - a stark decrease from the previous 15-25% requisite for duplexes, triplexes, and four-plexes. This policy shift is ideal for prospective owner - landlord to take advantage of property investment with homeownership perks ! And Time Out readers voted MID CITY neighborhood as one of the top 10 coolest neighborhoods across the globe . Jazz Fest, Bayou Boogaloo , City Park, restaurants , grocery stores - Mid City has it all !
Essential Information
MLS® #2372093
Price$999,000
Bedrooms8
Bathrooms4.00
Full Baths4
Square Footage3,800
Acres0.00
TypeResidential Income
Sub-TypeTraditional, Quadruplex
StatusActive
Community Information
Address524 N Alexander St
CityNew Orleans
CountyOrleans
StateLouisiana
Zip Code70119
Amenities
PoolNone
Parking
Off Street, Parking Lot, Three or more Spaces
Interior
HeatingCentral, Window Unit
CoolingCentralAir,WindowUnits
Exterior
Exterior FeaturesPorch
Lot DescriptionCity Lot, Rectangular Lot
RoofShingle
FoundationSlab
Exterior
Aluminum Siding, HardiPlank Type, Stucco
Construction
Aluminum Siding, HardiPlank Type, Stucco
Additional Information
Days on Market377
HOA Fees0.00
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