1415-17 ALVAR ST, New Orleans, LA 70117
1415-17 ALVAR ST, New Orleans, LA 70117
1415-17 ALVAR ST, New Orleans, LA 70117
1415-17 ALVAR ST, New Orleans, LA 70117
1415-17 ALVAR ST, New Orleans, LA 70117
1415-17 ALVAR ST, New Orleans, LA 70117
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Shelly Paternostro

Shelly Paternostro

+1(504) 382-7777
Listed byREVE, REALTORS • Zachary L Russell • 504-300-0700
$ 375,000
Est. payment | /mo

10 Beds

4 Baths

5,040 SqFt

Save
$ 375,000
Est. payment | /mo
Save

10 Beds

4 Baths

5,040 SqFt

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,040 sqft

Price per Sqft $74

MLS Listing ID 2579862

Bedrooms 10

Full Baths 4

HOA Y/N No

Year Built 1942

Lot Size 4,761 Sqft

Acres 0.11

Lot Dimensions 40x119

Property Sub-Type Quadruplex

Source ROAM MLS

Land Area 5040

Property Description

Extremely well built 5040 sq ft building in a great location. The two upstairs units have gorgeous hardwood floors, fine craftsmanship, and have been exceptionally maintained. There's a development opportunity to renovate the downstairs into separate units, which already have plumbing, electrical, and multiple points of entry. This will turn this two unit building into a 4 unit CASH COW. 3 year old roof, preferred flood zone X. HANO payment standards give up to $1419/m per 2-bedroom unit, or $1813/m per 3-bedroom unit, which may be possible downstairs. If converting to 4 units, one unit must remain available for someone earning 80% Area Median Income, whereas the other units don't have that requirement.

Location

State LA

County Orleans

Area 0.11

Direction Turn left from St Claude, or right from N Robertson

Interior

Cooling Central Air

Fireplace No

Exterior

Parking Features Off Street

Garage Spaces 3.0

Utilities Available Natural Gas Available

Total Parking Spaces 3

Garage Yes

Building

Foundation Raised

Water Public

New Construction No

Others

Tax ID 39W310004

ROAM MLS

NEARBY SCHOOLS & PROPERTIES

Shelly Paternostro

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
–Franklin D. Roosevelt

+1(504) 382-7777

shellypaternostro@me.com

203 Bradwall Street Luling, LA 70070, Luling, LA 70070, USA

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1415-17 ALVAR ST