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1328 Esplanade Ave, New Orleans, LA 70116

Multi-Family Residential

Description

Two investment beauties in Treme 1322 Esplanade (4-plex) $975,000.00 MLS 2127413 and 1328 Esplanade (5-plex) $995,000.00. Options for these investment properties include: condo conversation, convert to single or keep as apts. Both buildings are all long term tenants at this time. Bring offers!!!! Priced to sell! This building has a new roof as August 2017 and Laundry facilities on grounds. Beautiful rear gardens with orange trees which makes for a tropical paradise.

Detail Information

General Information

  • Sewer Type - City
  • Roof Type - Slate
  • City Limit - No
  • Lot Description - Regular
  • Termite Contract - Yes

Exterior Features

  • Balcony
  • Courtyard
  • Porch

Utilities

  • Air Conditioning - Window Unit
  • Heating - Other
  • Gas - No
  • Electricity Provided By - Entergy

Units

  • Unit # - E
  • Sqft - 483
  • # Bedrooms - 1
  • # Full Bathrooms - 1
  • # Half Bathrooms - 0
  • Rent - $1,500.00
  •  
  • Unit # - D
  • Sqft - 690
  • # Bedrooms - 1
  • # Full Bathrooms - 1
  • # Half Bathrooms - 0
  • Rent - $1,500.00
  •  
  • Unit # - C
  • Sqft - 690
  • # Bedrooms - 1
  • # Full Bathrooms - 1
  • # Half Bathrooms - 0
  • Rent - $1,350.00
  •  
  • Unit # - B
  • Sqft - 694
  • # Bedrooms - 1
  • # Full Bathrooms - 1
  • # Half Bathrooms - 0
  • Rent - $1,500.00
  •  
  • Unit # - A
  • Sqft - 694
  • # Bedrooms - 1
  • # Full Bathrooms - 1
  • # Half Bathrooms - 0
  • Rent - $1,200.00
  •  

Price Change History

Price changed on 3/30/2018 from $1,199,000.00 to $995,000.00

Price changed on 6/22/2018 from $995,000.00 to $949,000.00

Street View

Bird's Eye View

Map of Area

  Multi-Family Residential Listings Found
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Calculate Monthly Payment

Selling Price: $949,000.00  Down Payment:  
Loan Type Avg. Rate Est. Monthly Payment
30 Yr FRM 4.85% $4,507.02*
15 Yr FRM 4.30% $6,446.84*
FHA 30 Year Fixed 4.48% $4,317.46*
Jumbo 30 Year Fixed 4.40% $4,277.00*
5/1 Yr ARM 4.05% $4,102.26*
* Principal & Interest ONLY
Listing Courtesy of Gulf South Real Estate Network
1328 Esplanade Ave, New Orleans, LA 70116 is a multi-family residential home located in the Treme Neighborhood and priced at $949,000.00 with and estimated monthly payment of $5,007.80. This multi-family residential home has 5 bedrooms, 5 bathrooms, and has approximately 3251 sq. ft. of living area.

Listing Summary

  • Multi-Family Residential
  • $291.91
  • 32 x 160
  • 3251 sq. ft (approx)
  • 100
  • 5
  • 5
  • Treme
  • 2127414
  • Active

Moveopia Analysis

In the $750,001 to $1,000,000 price range, there are 2 active listings located in New Orleans / Mid City / City Park (MLS Area 68).

In the past 90 days, 0 listings were sold, averaging 0 listings sold per month.

Based upon the historical absorption of properties priced in this price range, properties have a less than 5% probability of receiving an acceptable purchase agreement within 90 days.


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