1415-17 Alvar Street, New Orleans, LA 70117
1415-17 Alvar Street, New Orleans, LA 70117
1415-17 Alvar Street, New Orleans, LA 70117
1415-17 Alvar Street, New Orleans, LA 70117
1415-17 Alvar Street, New Orleans, LA 70117
1415-17 Alvar Street, New Orleans, LA 70117
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$ 375,000
Est. payment | /mo

4,356 Acres Lot


$ 375,000
Est. payment | /mo

4,356 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID NO2521758

Lot Size 4356.000 Acres

Acres 0.1

Property Description

Large 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, electric, 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

Interior

Heating Central

Cooling Central Air

Exterior

Exterior Feature Balcony

Parking Features Garage

Roof Type Composition

Garage true

Building

Foundation Pillar/Post/Pier

Level or Stories 2

Others

Tax ID 39W310004

Virtual Tour https://youtu.be/HPfnn-HHsuc?feature=shared

REALTOR® Association of Acadiana VOW
Listed by REVE, REALTORS

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1415-17 Alvar Street