4018 Constance St, New Orleans, LA 70115
Commercial property for lease
- Description
- Great four or five unit home one block from Magazine Street. One unit can be a 2 bedroom/two batg or 2 one bedroom/one bath apartments. All units are furnished. Walking distance to the great restaurants, shops, and bars on the corridor. Compound comprised of two buildings with a secure common courtyard. Common laundry facility that, if converted to coin-operated machines, would generate additional revenue. High demand rental location. Current rental income is $6,030/month. Rents could be increased. Owner does not raise rent to market rent until a tenant leaves. Typical tenure is 2+ years. Low insurance because insured as a two separate buildings. Building price details: $795,000.
- Contact info
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Dorian M BennettDorian M Bennett Inc
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Number of Stories: 2 Submarket: Duplex/Fourplex MSA: New Orleans-Metairie Buildings: 1 Terms: Cash to Seller Added: 05/25/2018