• 2835 37 General Pershing Street New Orleans, LA 70115

  • $548,000
  • 5
    Bed(s)
  • 5
    Baths
  • 3,914
    Sq Ft

This bright and cheerful Arts and Crafts multifamily property is a solid income-producing investment with excellent long-term tenants. Located in the Uptown neighborhood, conveniently near the intersection of Claiborne and Napoleon Ave, the five-unit building is always in high demand. Tenants have easy access to the universities, public transportation by bus, Oschner Baptist Hospital and the surrounding medical corridor, plus a quick car commute via Claiborne Ave to I-10, downtown New Orleans, or Jefferson Parish. Originally a fourplex, the main building has four 1 bed/1 bath units with large kitchens, high ceilings, wood floors, and fun original details with modern updates in all apartments. The large front porch creates a wonderful shady area for the first floor units, while upstairs shares a large divided balcony. The gated entrance on the Willow St side brings tenants to a newer rear addition with shared laundry room and the large studio apartment. Use of the laundry facilities and water is included in all front tenants' rent while studio apartment rent includes laundry and all utilities. Unit 2835-B has exclusive use of driveway, but the large corner lot usually provides ample street parking for tenants and guests. This property is being sold subject to the existing leases. 48 hours notice is required for all showings. Please do not disturb the tenants or enter rear gate without an appointment.

Property Type :

Residential Income

Subdivision :

Not A Subdivision

Parish :

Orleans

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 5

Bathroom Information

Full Baths: 5

Half Baths: 0

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Room Information

Total Square Feet Living :3914

Total Rooms: 0

Interior Features

Roof : Shingle

Exterior Property Features : Balcony,Fence,Porch

Cooling Features: Central Air,Window Unit(s)

Heating Features: Central,Other

Laundry Features: Common Area

Building Information

Year Built: 1912

Roof: Shingle

Exterior Features

Balcony,Fence,Porch

Lot Information

Lot Features: Corner Lot,City Lot

Property Information

SQ ft: 3,914

Subdivision: Not a Subdivision

Source Listing Status: Active

Directions: From I-10, go W on Claiborne Ave. Turn left on Willow St. Property is at corner of Gen Pershing and Willow.

Property Subtype: Apartment

Building Exterior Type: Vinyl Siding,Wood Siding

Foundation Details: Raised

Property Age: 112

Property Condition: Very Good Condition

Levels or Stories: Two

Listing Price Information

Original List Price: $548,000

Tax Information

Parcel Number: 701152835GENERALPERSHINGST

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3729 Annunciation Street, New Orleans, LA,70115 $325,000 3 2 1,675 --
3429 31 Magnolia Street, New Orleans, LA,70115 $164,000 6 2 2,225 0.0826 Acre
1610 Bordeaux Street, New Orleans, LA,70115 $1,499,000 4 3 3,767 0.1412 Acre
2825 Milan Street, New Orleans, LA,70115 $491,000 5 3 2,868 0.08 Acre
2914 Danneel Street, New Orleans, LA,70115 $164,000 -- -- -- 0.14 Acre
1516 Eleonore Street, New Orleans, LA,70115 $1,470,000 5 4 4,952 --
4909 11 Laurel Street, New Orleans, LA,70115 $875,000 7 5 3,457 --
4721 23 Constance Street, New Orleans, LA,70115 $425,000 4 2 2,000 --
721 8th Street, New Orleans, LA,70115 $725,000 3 3 2,304 0.0787 Acre
1520 Jefferson Avenue, New Orleans, LA,70115 $925,000 4 3 2,955 0.1102 Acre

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ByOwner last updated this listing 04/30/2024 @ 02:59

MLS: 2437570
LISTED BY: Alison Barrios, Barrios Real Estate Group, Inc.
SOURCE: NOMAR
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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