100% Occupied Fourplex in Rapidly Developing Neighborhood Listing Details & Market Data

2201 Annette St, New Orleans, LA 70119

  • For Sale $475,000
  • Property Type Multi-Family
  • Property Size 3,016 SF
  • Units 4
  • Lot Size 0.15 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1970
  • Date Updated Apr 19, 2024
Sq 1177, Lot ANow available for sale, 2201 Annette St is a 100% occupied, ±3,016 SF fourplex within a neighborhood characterized by vibrant growth and transformation. This property is unique in the neighborhood for its multifamily zoning (HU-RD2). The complex presents a lucrative opportunity for investors through strong cash flow and potential for rent increases through value-add cosmetic and amenity upgrades. Annette St is nestled in an area rapidly developing with new constructions and renovations and near St Bernard Ave, making it highly attractive for tenants. Tenants will benefit from proximity to essential city landmarks, including the Faubourg Marigny, the Fairgrounds, St Roch Market, and the French Quarter, enhancing the living experience. Additionally, the property offers convenient ±3 minute access to I-10. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

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Highlights

  • 100% Occupied
  • Existing cash flow with further value-add potential
  • Multifamily zoning (HU-RD2)
  • Proximity to I-10

Contacts

broker

Benji Azar

ELIFIN®

(504) 289-7750

Location

Getting Around

  • Walk Score ®

    Very Walkable (73)

  • Transit Score ®

    Some Transit (47)

  • Bike Score ®

    Very Bikeable (86)
Powered by Walk Score ®
  • City New Orleans, LA
  • Neighborhood Seventh Ward
  • Zip Code 70119
  • Market New Orleans

Points of Interest

  • Saint Claude at Pauger

    0.80 miles

  • Saint Claude at Elysian Fields

    0.84 miles

  • North Rampart at Esplanade

    0.96 miles

  • North Rampart at Ursulines

    1.11 miles

  • North Rampart at Saint Ann

    1.29 miles

  • French Market

    1.35 miles

  • Ursulines Avenue

    1.41 miles

  • Dumaine Street

    1.50 miles

  • North Rampart at Conti

    1.55 miles

  • Museum of Art

    1.62 miles

  • Mardi Gras Truck Stop

    0.43 miles

  • Shell

    0.57 miles

  • Shell

    0.74 miles

  • Exxon

    0.82 miles

  • Franklin Shell

    1.05 miles

  • Orleans Center

    1.30 miles

  • Delta

    1.40 miles

  • Chevron

    1.49 miles

  • ChargePoint

    1.55 miles

  • Exxon

    1.71 miles

  • Pay Parking Lot

    1.21 miles

  • Roman Parking Garage

    1.93 miles

  • E-Z Park

    1.99 miles

  • Premium Parking Lot

    2.08 miles

  • Staff & Volunteer Parking

    2.09 miles

  • Premium Parking Lot P296

    2.10 miles

  • Harrah's New Orleans Parking Garage

    2.21 miles

  • Premium Parking

    2.51 miles

  • Erato St Cruise Terminal

    2.72 miles

  • Lot B

    2.85 miles

  • Rally's

    0.31 miles

  • J’s Creole Wings

    0.47 miles

  • McDonald's

    0.53 miles

  • Melba's

    0.61 miles

  • Waffle House

    0.68 miles

  • Sammy's Food Service & Deli

    0.71 miles

  • Manchu Food Store Takeaway

    0.74 miles

  • McDonald's

    0.77 miles

  • Coco Hut

    0.80 miles

  • Lil Dizzy's Cafe

    0.80 miles

  • Frederick Junior High School

    0.23 miles

  • Laymans Preschool Academy

    0.32 miles

  • Life of Christ Christian Academy School

    0.39 miles

  • Saint Augustine High School

    0.41 miles

  • Epiphany School

    0.47 miles

  • McDonogh 42 Elementary School

    0.47 miles

  • Rainbow Academy and Preschool

    0.57 miles

  • Homer A Plessy Community School

    0.63 miles

  • A P Tureaud Elementary School

    0.63 miles

  • Our Lady Star of the Sea School

    0.69 miles

  • Phillips Child Care Center

    0.06 miles

  • Ann BeBose Busy Hands and Minds Daycare Number 2

    0.28 miles

  • DeBoses Busy Hand and Minds

    0.33 miles

  • Reynolds Academy Preschool

    0.64 miles

  • Mrs Js Little Angels Day Care Center

    0.71 miles

  • Saint Rose Day Care Center

    0.75 miles

  • Beverlys Preschool Center

    0.88 miles

  • Saint John Bercham Child Development Center

    1.02 miles

  • Tommy and Bills Day Care Number 3

    1.09 miles

  • Saint Marks Community Day Care Center Number 2

    1.12 miles

Contact Listing Broker

broker

Benji Azar

ELIFIN®

(504) 289-7750