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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. So many options for these investment properties including: condo conversation, airbnb or both. We can walk you through the process of both. 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 4.64% $4,398.94*
15 Yr FRM 4.14% $6,377.76*
FHA 30 Year Fixed 4.37% $4,261.88*
Jumbo 30 Year Fixed 4.51% $4,332.68*
5/1 Yr ARM 3.97% $4,062.85*
* 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 $4,887.71. 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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