2835 37 General Pershing Street, New Orleans, LA, 70115

Address

2835 37 General Pershing Street, New Orleans, LA

Listing Type

Income

Price

$ 548,000

Property Attributes

MLS#2437570
TypeIncome
ParishORLEANS
CityNew Orleans
NeighborhoodNot a Subdivision
Zip70115
StyleCraftsman
Price$ 548,000
Bedrooms5
Full Bathrooms5
Half Bathrooms0
Sqr Footage3914

Data Source:

Gulf South Real Estate Information Network

Property Description

This bright and cheerful Arts and Crafts multifamily property is a solid income-producing investment with excellent long-term tenants. Located in the Uptown neighborhood, conveniently near the intersection of Claiborne and Napoleon Ave, the five-unit building is always in high demand. Tenants have easy access to the universities, public transportation by bus, Oschner Baptist Hospital and the surrounding medical corridor, plus a quick car commute via Claiborne Ave to I-10, downtown New Orleans, or Jefferson Parish. Originally a fourplex, the main building has four 1 bed/1 bath units with large kitchens, high ceilings, wood floors, and fun original details with modern updates in all apartments. The large front porch creates a wonderful shady area for the first floor units, while upstairs shares a large divided balcony. The gated entrance on the Willow St side brings tenants to a newer rear addition with shared laundry room and the large studio apartment. Use of the laundry facilities and water is included in all front tenants' rent while studio apartment rent includes laundry and all utilities. Unit 2835-B has exclusive use of driveway, but the large corner lot usually provides ample street parking for tenants and guests. This property is being sold subject to the existing leases. 48 hours notice is required for all showings. Please do not disturb the tenants or enter rear gate without an appointment.

Price History
3/24/2024	Listed $548,000

General Features

Sewer	Public Sewer
Heating	Central,Other
Cooling	Central Air,Window Unit(s)
Roof	Shingle
Exterior Features	Balcony,Fence,Porch
Patio/Porch Features	Balcony,Porch
Architectural Style	Craftsman
Pool Features	None
Construction Materials	Vinyl Siding,Wood Siding
Year Built	1912
Tenant Pays	Electricity
Stories	2
Levels	Two
Property SubType	Apartment
OwnerPays	Water
County	Orleans
Property Type	Residential Income
Subdivision Name	Not a Subdivision
Status	Active
Directions	From I-10,go W on Claiborne Ave. Turn left on Willow St. Property is at corner of Gen Pershing and Willow.
City	New Orleans
NumberOfUnitsTotal	5
Property Condition	Very Good Condition
Days on Market	1
Standard Status	Active
Property Sub Type Additional	Apartment
PostalCity	New Orleans
Legal Description	SQ 659 LOT 10 PT LOT 9 GEN PERSHING AND WILLOW 45X120 4-PLEX-W 2837-37HF-39 GEN PERSHING