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Address: 616-18, 20-22 S. Lopez Street, New Orleans, LA 70119 Listing Type: Multi-Family For Sale Asking Price: $99,000 per building
Total Listing Price: $198,000
Sold Price: $211,600 (Total of $13,600 over asking)
Size: 1844 sq/ft each building
My Role: Listing Agent
Details: Great investment opportunity in the ever-growing Mid-City area. Endless possibilities- the lot is zoned multi family but also zoned for commercial use. The property itself boasts good bones- hard wood floors, tall ceilings, and the façade has classic gingerbread style finishings. Unit 616 is occupied by a long term tenant, and the other unit is vacant and easy to show. The property next door, 620-22 S Lopez, is also available for sale and may be available for a bulk-buy. Priced to sell, don’t delay!