3215 DRYADES Street, New Orleans, LA 70115 (MLS# NO2538046)

Remarks & Misc

Remarks

SELLER FINANCING - interest rate negotiable. Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living space. This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio. Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 20% down, a 30-year amortization, a 3-5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers. The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information.

Office/Member/Contract Info

List AOR

NOMAR

Parking

Parking Lot

Yes

Construction

Brick

Yes

Foundation

Slab

Yes

Exterior

Balcony

Yes

Roof

Composition

Yes

Heating

Other

Yes

Cooling

Window Units

Yes

Financing

Owner Finance

Yes

Owner Pays

Water

Yes

Tenant Pays

Electric

Yes

Gas

Yes

Property Features