For Sale

$2,900,000

6218 Arts St, New Orleans, LA 70122

2Beds
1Bath
64040SqFt

2Beds
1Bath
64040SqFt

Property Type
Condo
Price per Sqft
$45
On highrises
71 Days

Property Details

SELLER FINANCING OPPORTUNITY This property consists of five townhouse style apartment buildings totaling approximately 34, 000 sf of building area. These five buildings are sitting on six parcels of land totaling approximately 63, 000 sf. There are 28 two story apartment units of approximately 980 sf of living area with 2 bedrooms and 1.5 baths. Property Highlights - New roofs - Individually metered for water and electricity - Tenants pay all utilities - Each unit has a washer and dryer hook up - Long term tenants - Long term owner - Several units are Section 8 units - Professionally managed - Some updated appliances For CA and Financials visit:

Property Features

Bedrooms

Bedrooms: 2

Bathrooms

Full Bathrooms: 1

Land Info

Lot Size Acres: 1.45
Lot Size Dimensions: 0x0
Lot Size Square Feet: 63162

School Information

School District: Orleans Parish

Multi-Unit Info

Bedrooms in Unit-1: 2
Full Bathrooms in Unit-1: 1

Other Property Info

Source Listing Status: Pending
Directions: From Kenner drive East on I-10 and get on I-610. Get off on Franklin Ave towards the Lake (North). Take a Left on Allen Toussaint Blvd, then take a right on Arts St. You will see them on the left.
Source Property Type: Multi-Family
Area: No Area
Source Neighborhood: Gentilly
Subdivision: Gentilly
Property Subtype: Apt Complex (5+ Units)
Source System Name: C2C

Building and Construction

Total Square Feet Living: 64040
Year Built Details: 51-75 Years

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
05/07/2024	Listing removed	-	-	NewOrleans
04/19/2024	Price Changed for rent	$1,300	$2	NewOrleans
04/10/2024	Listed for rent	$1,100	$2	NewOrleans
03/08/2024	Listed	$2,900,000	$45	BatonRouge
07/20/2023	Listing removed	-	-	BatonRouge
01/20/2023	Listed	$3,500,000	$55	BatonRouge
05/18/1990	Sold	-	-	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2023	$4,163	$5,700	+	$21,300	=	$27,000
2022	$3,850	$5,700	+	$20,240	=	$25,940
2021	$4,086	$5,700	+	$21,300	=	$27,000
2020	$4,125	$5,700	+	$21,300	=	$27,000
2019	$3,517	$3,200	+	$18,760	=	$21,960
2018	$3,583	$3,200	+	$18,760	=	$21,960
2017	$3,230	$3,200	+	$18,760	=	$21,960

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
4000 Davey St Apt 101	$266K	1	2	865	865
4000 Davey St Apt 308	$299.5K	2	2	1100	1255
4337 Perlita St	$209K	3	3	1480	2265
4000 Davey St Apt 406	$335K	2	2	1049	1255
1476 Mandolin St	$186K	3	2	1853	3978

Presented by:
Miguel Castro, Jr.
state license#995703492

Brokered by:
Castro Real Estate Services, LLC
(225) 936-7643

Broker Location:

BATON ROUGE

Data Source:

BatonRouge

Source's Property ID:

2024003931

Data Source Copyright:

$2,900,000

6218 Arts St, New Orleans, LA 70122