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1714-16 Marais Street New Orleans, LA $ 799,000
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1714-16 Marais Street
$ 799,000
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New Construction
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1714-16 Marais Street

New Orleans, LA, 70116
$ 799,000
Bedrooms10 Baths5.0 Sq 4,500

Monthly Estimate*

$ 5,581

1714-16 Marais Street, New Orleans, LA 70116 - Image 1
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Multi-Family Home for sale in New Orleans, LA

for $799,000 with 10 bedrooms and 5 full baths. This 4,500 square foot home was built in 2022.

SELLER FINANCE OFFERED. 10.6% downpayment. Reach out for additional terms. 1714-16 Marais Street is a 5-unit apartment complex that was recently constructed in 2022 and currently fully occupied. Nestled in a highly sought-after location that is minutes from the French Quarter, Treme, and Bywater, this property seamlessly combines luxury, convenience, and smart investment potential. The 3-story building consists of five (5) 2 bedroom1 bathroom units that are each approx. 900 square feet each. The immediate return on investment isevident as all five units are currently leased,offering a stable and predictable income stream. The building's construction prioritizes low maintenance, utilizing high-quality materials and energy-efficient features, ensuring minimal upkeep and reduced utility costs. Additionally, the property boasts low insurance costs due to its adherence to the latest safety standards and age of new roof. This investment promises long-term success, withthe property poised for significant appreciation over time. Schedule your viewing today andsecure your stake in this exceptional investment opportunity.

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Multi-Family Active

Price

$ 799,000

Bedrooms

10

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

2022

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2428209
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Architectural Style Other
Pool Features None
Year Built 2022
Tenant Pays Electricity
Stories 3
Levels Three Or More
Property SubType Apartment
County Orleans
New Construction 0
Property Type Residential Income
Total Rooms 0
Status Active
City New Orleans
Buyer Agent Compensation 2.5
Total Units 5
Street Name MARAIS
Year Built Details Resale All Original
Home Warranty Y/N 0
Property Condition New Construction Resale
Days on Market 113
Standard Status Active
Property Sub Type Additional Apartment
Buyer Agent Compensation Type %
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Exterior
Parking Features None
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Foundation Details Slab
Lot Dimensions 3200sqft
Lot Size Acres 0
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Full Baths 5
Half Baths 0
Street Suffix Street
Total Bedrooms 10
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* Excluded Features
List By
Bridgewater Realty Advisors, Llc

Broker

mason@bridgewater.realty

Email

Affordability Calculator

$5,581
Per Month
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Monthly Principal & Interest
$5,581
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/8/2024$799,000 -5.89% Price Down
1/4/2024$849,000 Listed Price

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1714-16 Marais Street, New Orleans, LA, 70116 is a Multi-Family Home for sale at $799,000 with 4,500 sqft. 1714-16 Marais Street has 10 bedrooms, 5.0 baths, and was built in 2022. The property's zip code is 70116 which is in New Orleans, LA

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