$489,000

7 Beds
7 Baths
4,400 Sqft
0 Acres
No Garage

Investment Opportunity in Gentilly!! 2545-2553 Agriculture St. Two buildings with combined 7 units. 6 out 7 are occupied with long term tenants - all month to month leases. Flexible MU-1 Zoning: Designated as Medium Intensity Mixed Use, this property opens the door to abundant income streams. The ground floor of the 2551/2553 building is a blank canvas, ready to be developed into additional housing units or tailored for commercial use. Both buildings have approximately 5 year old roofs installed post-Ida. One water meter for each building in which tenants split proportionately. 6 total electric meters - 2553 A & B share one elec meter. Seller open to selling buildings separately, although subdivision will take additional months for completion. Measurements are estimated and not guaranteed.

Essential Information
MLS® #2559833
Price$489,000
Bedrooms7
Bathrooms7.00
Full Baths7
Square Footage4,400
Year Built1958
TypeResidential Income
Sub-TypeApartment, Traditional
StatusActive
Community Information
Address2545 Agriculture St
CityNew Orleans
CountyOrleans
StateLouisiana
Zip Code70122
Amenities
ParkingOff Street
Interior
HeatingCentral
CoolingCentral Air
Exterior
Exterior FeaturesPorch
Lot DescriptionCity Lot, Irregular Lot
RoofShingle
FoundationRaised
Additional Information
Days on Market3
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