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 !
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