$425,000

5 Beds
5 Baths
3,193 Sqft
0 Acres
No Garage

Introducing an exciting Investment 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!

Essential Information
MLS® #2441455
Price$425,000
Bedrooms5
Bathrooms5.00
Full Baths5
Square Footage3,193
Acres0.00
Year Built1923
TypeResidential Income
Sub-TypeTriplex, Other
StatusActive
Community Information
Address2305-07 Valmont St
CityNew Orleans
CountyOrleans
StateLouisiana
Zip Code70115
Amenities
ParkingNone
PoolNone
Interior
HeatingCentral
CoolingCentralAir
Exterior
ExteriorWood Siding
Lot DescriptionCity Lot, Rectangular Lot
RoofAsphalt, Shingle
ConstructionWood Siding
FoundationRaised
Additional Information
Days on Market30
HOA Fees0.00
Property History
Price Reduced from $439,000 to $425,000
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