100% Occupied Fourplex Close to Superdome & Interstate

For Sale

2617 S Galvez St, New Orleans, LA 70125

This New Orleans property for sale is located at 2617 S Galvez St. The current listed sale price for 100% Occupied Fourplex Close to Superdome & Interstate is $320,000. 100% Occupied Fourplex Close to Superdome & Interstate is situated on a lot that is 0.06 acre in size.

Contacts

broker

Mark Segalla

ELIFIN®

(225) 505-4349

Property Details

  • Property Type Multi-Family
  • Property Size 3,332 SF
  • Units 4
  • Lot Size 0.06 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Mar 14, 2024
Located on the Northwest side of S Galvez St in between Third St and Fourth StThis 100% occupied fourplex property is centrally located on the Eastbank just minutes from the Superdome, Interstate, and Downtown NOLA. The shotgun-style building is two stories with 2 units on the ground floor and 2 units on the second level. Two units are 3 bed / 2 bath, and 2 units are 2 bed / 1 bath, Rents are currently below market rate and with minor cosmetic upgrades and maintenance there is strong value add potential. Tenants utilize street parking. Property is located in an Opportunity Zone. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click on “Offering Memorandum.” From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

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Highlights

  • Value add potential with cosmetic and basic maintenance and upgrades
  • Rents below market rate
  • Located in Opportunity Zone - Close proximity to Superdome and Downtown NOLA
  • Ideal investment for single-family / duplex investors seeking larger property

Getting around

  • 66/100

    Walk Score ®

  • 44/100

    Transit Score ®

  • 81/100

    Bike Score ®

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Location

  • City New Orleans, LA
  • Neighborhood Central City New Orleans
  • Zip Code 70125
  • Market New Orleans

Points of Interest

  • New Orleans

    1.09 miles

  • Union Passenger Terminal

    1.10 miles

  • Julia Street

    1.18 miles

  • Poydras Street

    1.27 miles

  • Saint Charles at Third Street

    1.30 miles

  • Saint Charles at Washington

    1.30 miles

  • Saint Charles at First Street

    1.31 miles

  • Saint Charles at Sixth Street

    1.31 miles

  • Saint Charles at Jackson

    1.33 miles

  • Canal at Galvez

    1.33 miles

  • Shell

    0.45 miles

  • Exxon

    1.41 miles

  • Exxon

    1.41 miles

  • Exxon

    1.47 miles

  • ChargePoint

    1.54 miles

  • Delta

    1.74 miles

  • Chevron

    1.76 miles

  • Shell

    1.79 miles

  • Orleans Center

    1.84 miles

  • Shell

    2.16 miles

  • Roman Parking Garage

    1.07 miles

  • Rosen Lot

    1.11 miles

  • Diboll Complex

    1.25 miles

  • Prytania Street Parking Garage

    1.45 miles

  • Premium Parking Lot

    1.47 miles

  • Premium Parking

    1.51 miles

  • Delachise Street Parking Garage

    1.52 miles

  • E-Z Park

    1.57 miles

  • Premium Parking Lot P296

    1.68 miles

  • Harrah's New Orleans Parking Garage

    1.89 miles

  • Hyatt Regency New Orleans

    1.15 miles

  • Hyatt House New Orleans/Downtown

    1.20 miles

  • Marquette House

    1.23 miles

  • Rose Inn Motel

    1.29 miles

  • Hotel Indigo New Orleans Garden District

    1.30 miles

  • WorldMark Hotel

    1.31 miles

  • Sweet's Inn Motel

    1.32 miles

  • Domio

    1.34 miles

  • Holiday Inn New Orleans-Downtown Superdome

    1.35 miles

  • Springhill Suites-New Orleans

    1.37 miles

  • Sav-a-lot

    0.34 miles

  • Rouses Market

    1.01 miles

  • Ideal Market

    1.24 miles

  • Rouses

    1.34 miles

  • Whole Foods Market

    1.55 miles

  • Robért Fresh Market

    1.59 miles

  • Robert's

    1.59 miles

  • Norma's Sweets Bakery

    1.59 miles

  • Breaux Mart

    1.69 miles

  • Magazine Antique Mall

    1.70 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Mark Segalla

ELIFIN®

(225) 505-4349