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3215 Cherry Street, New Orleans, LA 70118

$595,000

Multi-Family|10 Beds|8 Full Baths

5,068 SqFt|MLS# 2196525

List Price
$595,000
List Date
03/26/2019
Original List Price
$600,000 (-0.83%)
Status
Active
Type
Multi-Family
Bedrooms
10
Full Bathrooms
8
Living Square Feet
5,068 SqFt
Number of Units
8
MLS#
2196525

Description

Incredible Investment Opportunity! All 8 units rented, bringing in a combined $7080 per month. Two seperate buildings with individual electrical meters, one water meter per building. Each unit offers washer and dryer hookups.

Location

Neighborhood
Hollygrove
Parish
Orleans

Details

General Information

Stories
1
Approximate Age
42
Approximate Age Description
Resale

Style
• Traditional

Other Features

Waterfront
0
Sold with Waiver of Redhibition
Yes
Green Certification
No

Financial Information

Bond for Deed
No
Foreclosure
No
Lease Purchase
No
Owner May Finance
No

Utilities

Electric
Entergy
Electric Paid By
Owner
Gas
Natural
Gas Paid By
Owner
Water
Public
Water Paid By
Owner
Sewer
City
Meter Set Up
Combined

Heating
• Gas
• Window Unit
Air Conditioning Type
• Window Unit

Exterior

Lot Size
90 x 150

Building Exterior
• Frame
Exterior Features
• Porch
Foundation
• Raised
Lot Description
• Regular
Roof
• Shingle

Interior

Elevator
No
Measurements Approximate
Yes

Listing Courtesy of Mor Realty, LLC

Bounding Streets

Forshey


Map and Points of Interest

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Carrollton

This unique community is known for its cultural diversity and New Orleans centric flavor.  Residents who call the community of Carrollton home enjoy the annual po-boy festival on Oak Street, as well as the popular summertime sno-ball destination-Plum Street Sno-Balls. In this area you are near some of Louisiana’s finest universities and educational institutions.  Xavier University is located in the heart of Carrollton and is known for its superior pharmacy program. Take the St. Charles Streetcar to neighboring colleges Tulane University and Loyola University, which are also both highly regarded institutions and known for their thriving theater programs. 

Here you will find that Carrollton real estate is mostly restored homes with some historical significance. These homes for sale in Carrollton are single-family, doubles, and larger homes broken up into apartments.

You don’t have to travel far to get a glimpse of the Mississippi River. This community sits next to the communities of Black Pearl and Audubon Park, which both offer access to this grand body of water. Want to enjoy a family-friendly day amidst Louisiana oak trees and waterways?  The Audubon Park bike trail and golf course are all at your fingertips. From there, take a leisurely stroll across the street to the Audubon Zoo.   

Here in Carrollton you can enjoy the tastes, sights, and sounds of New Orleans with easy access to the surrounding metropolitan areas.

School Information

6 Listings (0.13 Mile Radius)


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With this calculator you can put in your values and estimate the amount of your loan and get an estimate on the amount of your monthly payments. Click on the 'Calculate' button when you're ready.

**Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

***Assessments are monthly fees such as Home Owners Association(HOA) Fees etc...

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

MLS Data Courtesy of Gulf South Real Estate Information Network. Copyright 2019, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site. By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, you may not use this site in any way. Your continued use of this site, and/or its affiliate' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.

 

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