2831-33 PALMER Avenue, New Orleans, LA 70118 (MLS# NO2537310)

Remarks & Misc

Remarks

A traditional raised basement 4-plex in the heart of Uptown's University District in walking distance to Tulane and Loyola Universities and Ursuline School. The property, held in the same family for over 75 years, features a 2nd floor, recently renovated 3 bedroom owner's residence over two ground floor 2 bed / 1 bath apartments with a rear 1 bedroom garage studio. Very convenient location. Units are under rented with mth. to mth. terms and there are value add possibilities. Tenants are long term w/ very stable occupancy. The 2nd floor owner's Unit, vacant and ready for occupancy, contains 3 bedrooms, a fully equipped kitchen, 2 full bathrooms and rear balcony. There is off street parking and a small landscaped yard in the rear for residents' use. It is ideal for an owner / resident who can take advantage of rental income to defray property expenses.

Office/Member/Contract Info

List AOR

NOMAR

Siding

Stucco

Yes

Wood

Yes

Construction

Block

Yes

Foundation

Other

Yes

Exterior

Balcony

Yes

Patio

Porch

Yes

Roof

Other

Yes

Heating

Central

Yes

Other

Yes

Cooling

Central Air

Yes

Window Units

Yes

Financing

Lease Purchase

Yes

Owner Pays

Electric

Yes

Gas

Yes

Water

Yes

Property Features