4901 Iberville St, New Orleans, LA 70119

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Ben J.

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Building Details:

4901 Iberville St is amulti-family property for lease in New Orleans, LA.

Owner is motivated and has priced this to sell. Cap rate is just under 10% - great for investors. See Profit and Loss proforma under attachments. Annual gross income is $55,800 with an NOI of about $47,000.

Great Mid-City LOCATION just off Canal Street. Recently RENOVATED triplex offers many possibilities -- live in one unit and rent out other two for additional INCOME or also makes for great investment property. Kitchens have granite counter tops and bathrooms have ELEGANT tiling. All units come with full suite of kitchen appliances. This property is full of CHARM and CHARACTER. DO NOT MISS THIS ONE! PRICED TO SELL!

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