2226 BARRACKS Street, New Orleans, Louisiana, United States, 70119

514,900
for Sale
4
3

About the property:

Owner Financing ***Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years, Additional Principal Payment: 10% due at year 2, Balloon Payment: Remaining balance due at year 5*** Tenant-occupied multifamily investment opportunity in a prime New Orleans location just off Esplanade Avenue. This historic income-producing property offers current in-place rental revenue of $3,922 per month, off-street parking, and a flexible three-unit configuration. Distinctive architectural character, updated interiors, and strong access to the French Quarter, Fair Grounds, CBD, and other major demand drivers make this a solid opportunity for investors seeking cash flow with long-term upside.
Property Type:
Triplex
Status:
for Sale
House Style:
acadian
Bedrooms:
4
Bathrooms:
3
Full Bathrooms:
3
Acres:
0.109
Square Feet:
2832
Central A/C:
Yes
Central A C Details:
Other, WindowUnits
Water:
Public
Garage And Parking:
OffStreet
Heating:
Other, WindowUnit
Exterior:
Porch
Sewer:
PublicSewer
Cross Street:
N. Miro / N. Galvez
Association Fee:
0
Is Garage:
Yes
Is Investment:
Yes
Is Investment Opportunity:
Yes
Listing ID:
2548541

Rooms

Dimensions

Brokered by:
Talbot Realty Group
Presented By: