• 2305-07 Valmont Street New Orleans, LA 70115

  • $425,000
  • 5
    Bed(s)
  • 5
    Baths
  • 3,193
    Sq Ft

Introducing an exciting Investment Opportunity in the Heart of Freret Street Business corridor. 2305-07 Valmont Street is a 3 unit property within the bustling Freret Street business district, consists of a TWO -2 Bedroom 2 Baths units and ONE - 2 Bedroom 1 Bath. The property has a coveted HU-MU commercial zoning, this versatile gem offers an array of possibilities. Currently generating a steady income, this property holds enormous potential to be transformed and utilized for commercial purposes. There are 3 electric meters, 1 gas meter, and 1 water meter. All three compressors have been replaced in the last 5 years. New heat pump replaced two years ago for 2305. New roof was put on last year! Situated in one of the coolest and most vibrant areas of New Orleans, this prime location is just a stone's throw away from esteemed universities. Its proximity to the academic hub ensures a steady flow of potential customers, making it an irresistible prospect for business ventures. There are many restaurants, coffee shops and businesses within 1 block of the property. Don't miss out on this golden opportunity to invest in the heart of New Orleans' vibrant Freret Street. Embrace the potential and seize this remarkable property, as it awaits its next chapter in the thriving commercial landscape of the city. Contact us today to schedule a viewing and unlock the possibilities that await!

Property Type :

Residential Income

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 :3193

Total Rooms: 0

Interior Features

Roof : Asphalt,Shingle

Cooling Features: Central Air

Heating Features: Central

Laundry Features: In Unit

Building Information

Year Built: 1923

Roof: Asphalt,Shingle

Lot Information

Lot Features: City Lot,Rectangular Lot

Property Information

SQ ft: 3,193

Source Listing Status: Active

Property Subtype: Triplex

Building Exterior Type: Wood Siding

Foundation Details: Raised

Property Age: 101

Property Condition: Very Good Condition

Levels or Stories: Two

Listing Price Information

Original List Price: $425,000

Tax Information

Parcel Number: 2305-VALMONTST

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 04/29/2024 @ 13:20

MLS: 2441455
LISTED BY: Robert Van Meter, Berkshire Hathaway HomeServices Preferred, REALTOR
SOURCE: NOMAR
Buyer Agency Compensation: 2.5%
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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