228 Jewel Street New Orleans, LA ^$ 640,000

228 Jewel Street

^$ 640,000

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228 Jewel Street

New Orleans, LA, 70124

^$ 640,000

Bedrooms10 Baths6.6 Sq 5,920

Monthly Estimate*

^$ 4,471

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Multi-Family Home for sale in New Orleans, LA

for $640,000 with 10 bedrooms and 6 full baths, 6 half baths. This 5,920 square foot home was built in 1973.

Fully leased six plex with strong rental history. Most occupants are long term tenants. Four units are 2 bedrooms one and half baths and there are 2 One bedroom one and a half bath units. Each unit has range/oven, refrigerator and a dishwasher. There are washer/drier hook-ups in each unit and a coin operated laundry for the building. There is off street parking for 6 cars at the back of the building. Rents are $5400 a month.

Multi-Family Contingent

Price

^$ 640,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Year Built

1973

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2436979

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Asphalt Shingle

Architectural Style Other

Pool Features None

Construction Materials Brick Other

Year Built 1973

Tenant Pays Water

Stories 2

Levels Two

Property SubType Mixed Use

County Orleans

Property Type Residential Income

Contingency Buyer Financing

Total Rooms 0

Status Active Under Contract

City New Orleans

Buyer Agent Compensation 3

Total Units 6

Street Name JEWEL

Home Warranty Y/N 0

Property Condition Average Condition

Days on Market 44

Standard Status Active Under Contract

Property Sub Type Additional Commercial Residential

Buyer Agent Compensation Type %

Legal Description SQ 2 Lot 21 Jewel 50x122

Exterior

Parking Features Parking Lot

Lot Features City Lot Oversized Lot

Water Source Public

Lot Size Area 0

Foundation Details Slab

Lot Dimensions 50x125

Lot Size Acres 0

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Full Baths 6

Half Baths 6

Street Suffix Street

Laundry Features Coin-operated

Total Bedrooms 10

* Excluded Features

List By

Latter & Blum Inc/Realtors

Broker

Jyoudt@latterblum.com

Affordability Calculator

$4,471

Per Month

Monthly Principal & Interest: $4,471
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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

Trends
Schools

Multi-family listings in New Orleans, LA

Average List Price ^$529,929

Percent of Sale Price 17%

About New Orleans, LA

392,550 Population

-19% Since 2002

^$41,421 Median Income

36.4 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2024	$640,000		Listed Price

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228 Jewel Street, New Orleans, LA, 70124 is a Multi-Family Home for sale at $640,000 with 5,920 sqft. 228 Jewel Street has 10 bedrooms, 6.6 baths, and was built in 1973. The property's zip code is 70124 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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228 Jewel Street

Multi-Family Home for sale in New Orleans, LA

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