2623 Washington AveNew Orleans, LA 70113

Property Details for 2623 Washington Ave

Year built

1940

Lot size

0.08 AC

Property size (Sq ft)

2,862 SF

Property type

Investment properties

Property subtype

Live-work space

APN

412303411

APU

412303411

Description

This exceptional three-unit mixed-use property at 2623 Washington Ave, New Orleans, LA 70113, is offered at $420,000. The 2,862 square foot building sits on a 0.08-acre lot and features one ground-floor retail space and two residential units, each boasting two bedrooms and one bathroom. Currently vacant, this presents a significant value-add opportunity with substantial income potential. The property's prime location is just three blocks from the bustling S. Claiborne Avenue corridor, home to numerous national retailers including Raising Cane's, McDonald's, TJ Maxx, and more, ensuring high visibility and foot traffic. Convenient access to I-10 and the Central Business District within 10-15 minutes adds to its appeal. The property also benefits from a large fenced rear yard and ample on-street parking. The permitted zoning is HU-MU, offering flexibility for future development. The property's APN is 412303411. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving New Orleans neighborhood. The building is a two-story structure, offering a unique blend of retail and residential space. Don't miss this chance to capitalize on the strong rental market and create a lucrative investment portfolio.

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

29.9399

Longitude

-90.0923

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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