100% Occupied Fourplex in Rapidly Developing Neighborhood

For Sale

2201 Annette St, New Orleans, LA 70119

This New Orleans property for sale is located at 2201 Annette St. The current listed sale price for 100% Occupied Fourplex in Rapidly Developing Neighborhood is $475,000. 100% Occupied Fourplex in Rapidly Developing Neighborhood is situated on a lot that is 0.15 acre in size.

Contacts

broker

Benji Azar

ELIFIN®

(504) 289-7750

Property Details

  • Property Type Multi-Family
  • Property Size 3,016 SF
  • Units 4
  • Lot Size 0.15 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1970
  • Date Updated Mar 14, 2024
Sq 1177, Lot ANow available for sale, 2201 Annette St is a 100% occupied, ±3,016 SF fourplex within a neighborhood characterized by vibrant growth and transformation. This property is unique in the neighborhood for its multifamily zoning (HU-RD2). The complex presents a lucrative opportunity for investors through strong cash flow and potential for rent increases through value-add cosmetic and amenity upgrades. Annette St is nestled in an area rapidly developing with new constructions and renovations and near St Bernard Ave, making it highly attractive for tenants. Tenants will benefit from proximity to essential city landmarks, including the Faubourg Marigny, the Fairgrounds, St Roch Market, and the French Quarter, enhancing the living experience. Additionally, the property offers convenient ±3 minute access to I-10. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. 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

  • 100% Occupied
  • Existing cash flow with further value-add potential
  • Multifamily zoning (HU-RD2)
  • Proximity to I-10

Getting around

  • 73/100

    Walk Score ®

  • 47/100

    Transit Score ®

  • 86/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City New Orleans, LA
  • Neighborhood Seventh Ward
  • Zip Code 70119
  • Market New Orleans

Points of Interest

  • Saint Claude at Pauger

    0.80 miles

  • Saint Claude at Elysian Fields

    0.84 miles

  • North Rampart at Esplanade

    0.96 miles

  • North Rampart at Ursulines

    1.11 miles

  • North Rampart at Saint Ann

    1.29 miles

  • French Market

    1.35 miles

  • Ursulines Avenue

    1.41 miles

  • Dumaine Street

    1.50 miles

  • North Rampart at Conti

    1.55 miles

  • Museum of Art

    1.62 miles

  • Mardi Gras Truck Stop

    0.43 miles

  • Shell

    0.57 miles

  • Shell

    0.74 miles

  • Exxon

    0.82 miles

  • Franklin Shell

    1.05 miles

  • Orleans Center

    1.30 miles

  • Delta

    1.40 miles

  • Chevron

    1.49 miles

  • ChargePoint

    1.55 miles

  • Exxon

    1.71 miles

  • Pay Parking Lot

    1.21 miles

  • Roman Parking Garage

    1.93 miles

  • E-Z Park

    1.99 miles

  • Premium Parking Lot

    2.08 miles

  • Staff & Volunteer Parking

    2.09 miles

  • Premium Parking Lot P296

    2.10 miles

  • Harrah's New Orleans Parking Garage

    2.21 miles

  • Premium Parking

    2.51 miles

  • Erato St Cruise Terminal

    2.72 miles

  • Lot B

    2.85 miles

  • Antebellum Guest House

    0.81 miles

  • Degas House

    0.82 miles

  • Olde Town Inn

    0.95 miles

  • Empress Hotel

    1.00 miles

  • Hotel Peter & Paul

    1.00 miles

  • French Quarter Suites Hotel

    1.06 miles

  • New Orleans Courtyard Hotel

    1.08 miles

  • New Orleans Guest House

    1.09 miles

  • Lamothe House

    1.12 miles

  • Lamothe House Hotel

    1.15 miles

  • Dollar General Market

    0.29 miles

  • Robérts Fresh Market

    0.89 miles

  • Save-a-Lot

    1.00 miles

  • New Orleans Food Co-op

    1.03 miles

  • Esplanade Mini Mart (24h)

    1.03 miles

  • Canseco's

    1.26 miles

  • Terranova's

    1.30 miles

  • Mardi Gras Zone

    1.31 miles

  • Crafts Bazaar

    1.40 miles

  • Shops of The Colonnade

    1.47 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

Benji Azar

ELIFIN®

(504) 289-7750