About 5402 Street Charles Av
Prime Uptown Location – Long-Term Investment Opportunity! Rare offering in one of New Orleans’ 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 Joe’s. 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!
Features of 5402 Street Charles Av
| MLS® # | 2502512 |
|---|---|
| Price | $6,000,000 |
| Bedrooms | 36 |
| Bathrooms | 28.00 |
| Full Baths | 28 |
| Square Footage | 27,000 |
| Acres | 0.73 |
| Year Built | 1943 |
| Type | Multi-Family |
| Sub-Type | Traditional, Apartment |
| Status | Active |
Community Information
| Address | 5402 Street Charles Av |
|---|---|
| City | New Orleans |
| County | Orleans |
| State | Louisiana |
| Zip Code | 70115 |
Amenities
| Parking | Assigned |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Heat Pump |
|---|---|
| Cooling | CentralAir,Ductless,WindowUnits,WallUnits |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Block, Concrete |
|---|---|
| Lot Description | City Lot, Oversized Lot |
| Roof | Slate |
| Construction | Block, Concrete |
| Foundation | Slab |
Additional Information
| Days on Market | 163 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
| Listing Provided By | LATTER & BLUM (LATT07) |