$360,000
$399,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
2305-07 VALMONT ST New Orleans, LA 70115
5 Beds
5 Baths
3,193 SqFt
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,193 sqft
Price per Sqft $112
MLS Listing ID 2441455
Sold Date 08/15/24
Style Other
Bedrooms 5
Full Baths 5
Construction Status Average Condition
HOA Y/N No
Year Built 1923
Property Sub-Type Triplex
Property Description
Introducing an exciting Investment/Renovation 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!
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry In Unit
Exterior
Parking Features None
Pool None
Water Access Desc Public
Roof Type Asphalt,Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Two
Construction Status Average Condition
Others
Tax ID 2305-VALMONTST
Financing Cash
Special Listing Condition None
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Bought with NON-MLS MEMBER