SWIPE FOR MORE IMAGES
$1,100,000 USD
1114 N DORGENOIS Street
New Orleans, Louisiana 70119
USA
New Orleans, Louisiana 70119
USA
802.656 m2 ::
8,640 sqft
Commercial for Sale, Other Commercial Property
Land size: 0.09 ha ::
0.23 acres
Sale price per sqm: 1,370.41
Remarks:
Investment opportunity in the Historic Tremé – just 5 minutes from the French Quarter! This fully occupied 8 plex at 1114 N Dorgenois Street combines classic New Orleans charm with modern amenities and reliable income, making it a standout 1031 exchange opportunity or a smart addition to any investment portfolio. Each spacious unit is tenant-occupied and cash flowing, generating a total of $10,100 per month in rental income. Tenants enjoy central AC, in-unit washer/dryer, large closets, all appliances, and ample storage. The property also features a dedicated parking lot with assigned tenant parking- a rare find in this area. Recent upgrades include a brand new roof and a current termite contract for added peace of mind. Located in an X flood zone, this property sits outside the high-risk flood area, reducing insurance costs. Ready for both seasoned investors and those expanding their portfolio, this turnkey asset offers consistent returns in one of New Orleans’ most culturally rich neighborhoods.
Features:
- Year Built: 1970
- Number of Levels: 2
- Building age: Over 50 years old
- Construction: Brick
- Utilities: City water, City sewer
- Number of parking spaces: 8
Location:
1114 N DORGENOIS Street, New Orleans, Louisiana 70119, USA
Listed By CENTURY 21 J. Carter & Company
The Commercial for Sale, Other Commercial Property located at 1114 N DORGENOIS Street, New Orleans, Louisiana 70119, USA is currently for sale. 1114 N DORGENOIS Street, New Orleans, Louisiana 70119, USA is listed for $1,100,000 USD. This property has 8,640 sqft. If the property located at 1114 N DORGENOIS Street, New Orleans, Louisiana 70119, USA isn't what you're looking for, search Louisiana Real Estate to see other Commercial For Sale in New Orleans.
