2305-07 Valmont Street New Orleans, LA $ 425,000
2305-07 Valmont Street
$ 425,000
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2305-07 Valmont Street

New Orleans, LA, 70115
$ 425,000
Bedrooms5 Baths5.0 Sq 3,193

Monthly Estimate*

$ 2,969

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Multi-Family Home for sale in New Orleans, LA

for $425,000 with 5 bedrooms and 5 full baths. This 3,193 square foot home was built in 1923.

Introducing an exciting Investment Opportunity in the Heart of Freret Street Business corridor. 2305-07 Valmont Street is a 3 unit property within the bustling Freret Street business district, consists of a TWO -2 Bedroom 2 Baths units and ONE - 2 Bedroom 1 Bath. The property has a coveted HU-MU commercial zoning, this versatile gem offers an array of possibilities. Currently generating a steady income, this property holds enormous potential to be transformed and utilized for commercial purposes. There are 3 electric meters, 1 gas meter, and 1 water meter. All three compressors have been replaced in the last 5 years. New heat pump replaced two years ago for 2305. New roof was put on last year! Situated in one of the coolest and most vibrant areas of New Orleans, this prime location is just a stone's throw away from esteemed universities. Its proximity to the academic hub ensures a steady flow of potential customers, making it an irresistible prospect for business ventures. There are many restaurants, coffee shops and businesses within 1 block of the property. Don't miss out on this golden opportunity to invest in the heart of New Orleans' vibrant Freret Street. Embrace the potential and seize this remarkable property, as it awaits its next chapter in the thriving commercial landscape of the city. Contact us today to schedule a viewing and unlock the possibilities that await!

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Multi-Family Active

Price

$ 425,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1923

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2441455

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Asphalt Shingle
Architectural Style Other
Pool Features None
Construction Materials Wood Siding
Year Built 1923
Tenant Pays Electricity
Stories 2
Levels Two
Property SubType Triplex
County Orleans
Property Type Residential Income
Total Rooms 0
Status Active
City New Orleans
Buyer Agent Compensation 2.5
Total Units 3
Street Name VALMONT
Home Warranty Y/N 0
Property Condition Very Good Condition
Days on Market 14
Standard Status Active
Property Sub Type Additional Triplex
Buyer Agent Compensation Type %
Legal Description 1. SQ 609 LOTS B 5 & X 2. 31X103 2305-07A&B VALMONT ST 3. S & 2 APTS 4. FILE #83142 12/01 SUCN
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Exterior
Parking Features None
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Foundation Details Raised
Lot Dimensions 31 x 103
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
Laundry Features In Unit
Total Bedrooms 5
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* Excluded Features
List By
Berkshire Hathaway Homeservices Preferred, Realtor

Broker

realtorrobertvanmeter@gmail.com

Email

Affordability Calculator

$2,969
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,969
Monthly Property Taxes
--
Monthly 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
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$425,000 -3.19% Price Down
4/2/2024$439,000 Listed Price

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2305-07 Valmont Street, New Orleans, LA, 70115 is a Multi-Family Home for sale at $425,000 with 3,193 sqft. 2305-07 Valmont Street has 5 bedrooms, 5.0 baths, and was built in 1923. The property's zip code is 70115 which is in New Orleans, LA