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$ 1,260,000
Est. payment /mo
Price Dropped by $15K
2101 ESPLANADE AVE New Orleans, LA 70119
10 Beds
6 Baths
4,735 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,735 sqft
Price per Sqft $266
MLS Listing ID 2545769
Style Other
Bedrooms 10
Full Baths 6
Construction Status Excellent
HOA Y/N No
Year Built 1920
Lot Size 5,702 Sqft
Acres 0.1309
Property Sub-Type Other
Property Description
Prime investment opportunity on Esplanade Ave in the heart of historic Treme. This turnkey multifamily property includes five units and is appraised at $1.4M. The main unit is vacant -perfect for immediate leasing or flexible use. Previously generated $11,300 per month, offering a mix of steady earnings and growth potential for investors.
Fully renovated in 2023, the building features a newer roof, newer HVAC systems, updated plumbing, newer appliances, modern fixtures, and newer siding. There is no deferred maintenance. The property includes five 2BR/1BA units, each with their own laundry, and rear off-street parking. The main unit boasts original hardwood floors, soaring 12-foot ceilings, and a wrap-around corner balcony with spectacular views.
Located on a prominent corner along the iconic Esplanade Ave, you're just minutes from the French Quarter, Faubourg Marigny, and City Park. With cultural and tourism attractions all around, this location promises steady demand throughout the year. Area comps are strong, and income potential is scalable, making this a rare chance to secure a high-profile asset in a thriving rental market.
Fully renovated in 2023, the building features a newer roof, newer HVAC systems, updated plumbing, newer appliances, modern fixtures, and newer siding. There is no deferred maintenance. The property includes five 2BR/1BA units, each with their own laundry, and rear off-street parking. The main unit boasts original hardwood floors, soaring 12-foot ceilings, and a wrap-around corner balcony with spectacular views.
Located on a prominent corner along the iconic Esplanade Ave, you're just minutes from the French Quarter, Faubourg Marigny, and City Park. With cultural and tourism attractions all around, this location promises steady demand throughout the year. Area comps are strong, and income potential is scalable, making this a rare chance to secure a high-profile asset in a thriving rental market.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Assigned, Off Street
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Two
Construction Status Excellent
Others
Tax ID 37W201801
Special Listing Condition None
Listed by Compass Uptown (LATT07)
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