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1905 France Street
New Orleans, LA 70117

$650,000 - Status: Active
SQFT: 3,100
MLS# 2540785

LIKE NEW six-unit multifamily property renovated in 2022 with a focus on durability, efficiency, and ease of ownership. Major systems?including electrical, plumbing, roofing, siding, and complete interiors ?were updated to reduce ongoing maintenance and management costs and fire walls were added for safety. Very profitable and fully leased, it has a fantastic Cash on Cash Return of 9.97%. Each 1BD/1BA unit features modern finishes and practical design choices aimed at long-term performance. Ideal for investors seeking predictable returns without the upkeep headaches, this turn-key asset offers a low-hassle path to rental income in the New Orleans market. Each unit has an assigned parking space as well as its own water meter and electric meter. There is no gas to the property. CALL BLAINE TODAY FOR MORE DETAILS!

Property Features

MLS#: 2540785
Zip: 70117
Subdivision:
Development:
Property Type: Multi Unit - Multiple
Number of Units: 6
Cooling: Window Unit(s)
Days on Site: 98
Fenced: Yes
Heating: Window Unit
Home Style: Apartment
Lot Size:
Roof Type: Shingle
Stories: 1.0

Feature Descriptions

Exterior: Brick
Exterior Features: Fence
Lot Description: City Lot, Rectangular Lot
Lot Dimensions: 6198
Parking: Assigned, Off Street
Property Condition: Excellent
Sewer: Public Sewer
Units: 6
Water: Public

1905 France Street | MLS# 2540785

This multi-family property located at 1905 France Street, New Orleans, LA 70117 is currently listed for sale with an asking price of $650,000. Search New Orleans real estate on www.riccire.com today.

Listed By / Shown By

Listed By

Agency Name: Forte Realty, LLC
Agency Phone: (504) 276-2668

Shown By

Agency Title: Ricci Real Estate
Agency Phone: (504) 372-0050

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