$5,400,000

36 Beds
28 Baths
27,000 Sqft
.73 Acres
No Garage

Prime Uptown Location â Long-Term Investment Opportunity!
Rare offering in one of New Orleansâ most sought-after corridors. This 28-unit apartment building with 28 parking spaces, is just blocks from Tulane and Loyola Universities, the Freret Street corridor, and the new Trader Joeâs.
A unique opportunity for an investor or developer seeking to acquire a premier location with strong rental demand and/or future redevelopment potential. The property currently produces steady income and is ideally suited for long-term hold while planning for repositioning or conversion down the road. Properties of this scale and location rarely become available. A legacy investment with exceptional upside for the future!

Essential Information
MLS® #2502512
Price$5,400,000
Bedrooms36
Bathrooms28.00
Full Baths28
Square Footage27,000
Acres0.73
Year Built1943
TypeResidential Income
Sub-TypeApartment, Traditional
StatusActive
Community Information
Address5402 St Charles Av
CityNew Orleans
CountyOrleans
StateLouisiana
Zip Code70115
Amenities
ParkingAssigned
Interior
HeatingHeat Pump
Cooling

Central Air, Ductless, Window Unit(s), Wall Unit(s)

Exterior
ExteriorBlock, Concrete
Lot DescriptionCity Lot, Oversized Lot
RoofSlate
ConstructionBlock, Concrete
FoundationSlab
Additional Information
Days on Market296
Property History
Price Reduced from $6,000,000 to $5,400,000
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