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1101-1115 VERRET Street, New Orleans, LA 70114
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$480,000
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Home Details for 1101-1115 VERRET Street
Price
$480,000
Type
other
Bedrooms
8
Full Bathrooms
8
Year Build
1950
Sq. Ft.
5200
Lot Size
0.099
County
Orleans
MLS®️ Listing#
2490345
On exitrealty.com
220 days
Property Description
Discover a rare investment opportunity in the heart of historic Algiers Point! This unique 7-unit multifamily property spans from 1101 to 1115 Verret Street and offers a strong income-producing portfolio in one of New Orleans’ most charming and walkable neighborhoods.
Each unit features classic New Orleans architectural details, the 2 Bedroom has partial vaulted ceiling, and spacious layouts with modern updates. Units vary in size and layout, catering to a range of long term tenants. Current occupancy and rental history available upon request.
Property highlights include:
• 7 total units across multiple adjoining structures
• Prime corner location in Algiers Point, just blocks from the ferry to downtown NOLA
• Well-maintained exteriors and interiors with room for added value
• Shared courtyard space and ample street parking
• Zoned multifamily, with potential for condo conversion or owner-occupancy
Whether you’re an investor looking to expand your portfolio or seeking a rare multifamily gem with value-add potential, 1101-1115 Verret Street delivers location, character, and income.
- Heating Information
- Other
- Water Features
- Public
- Parking
- None
Listing Courtesy: Duhon Realty LLC - 504-265-9940
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