$159,900
$135,000
18.4%For more information regarding the value of a property, please contact us for a free consultation.
2618-20 MARTIN L KING, JR BLVD New Orleans, LA 70113
16 Beds
4 Baths
5,130 SqFt
Key Details
Sold Price $159,900
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,130 sqft
Price per Sqft $31
MLS Listing ID 2467058
Sold Date 03/28/25
Bedrooms 16
Full Baths 4
Construction Status Poor Condition
HOA Y/N No
Year Built 1925
Property Sub-Type Quadruplex
Property Description
This project is not for the faint of heart! A substantial 4-bedroom fourplex in the central city is in need of an extensive renovation. It holds the promise of becoming a profitable investment, despite the considerable work required. It could turn into a cash cow and may be eligible for tax credits for rehabilitation. For those seeking that elusive positive cash flow, now might be the time to incorporate this rehab project into your portfolio. Estimates from contractors are provided upon request and come without any warranty or endorsement.
Location
State LA
County Orleans
Interior
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Exterior Feature Porch
Parking Features None
Utilities Available Water Not Available
Water Access Desc None
Roof Type Other
Porch Porch
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Raised, Slab
Sewer Public Sewer
Water None
Level or Stories Two
Construction Status Poor Condition
Others
Tax ID 101110707
Financing Bond for Deed
Special Listing Condition None
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Bought with Realty Resources, Inc.