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New Orleans, LA 70113 1431 Baronne Street

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Presented By: Aaron Kazanoff with Ben & Burka - (504) 301-1002
  • MLS# 2411219
  • 08/29/2023
  • Request Tour
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  • SQFT • 20,488

Home Details

Available as a portfolio sale, 1431 Baronne Street, et al, offers a total of fifteen fully leased residential units, two leased commercial units, and one currently vacant (shell condition) unit, all along the rapidly improving Baronne Street corridor. The site includes two of the corners at the signalized intersection of Baronne Street and MLK Blvd. Most tenants are on month-to-month leases, allowing for easy renovation and re-leasing. 1432 Baronne Street includes 10 residential units and a commercial unit leased to a dog groomer. 1431 Baronne Street includes 4 residential units, a large commercial space on the ground floor leased to a corner store, and a currently vacant former commercial unit on the ground floor that is currently being used as storage. 1429 Baronne Street is a 3-bedroom single-family house that is leased to a short-term rental operator with a commercial license in place. The offering provides strong day-one returns along with a value-added opportunity to increase rents by performing basic renovations and improvements. Full rent roll and additional photos/information are available upon request.
Presented By: Aaron Kazanoff with Ben & Burka - (504) 301-1002

Interior Features for 1431 Baronne Street

Bedrooms

Total Bedrooms

Bathrooms

Half Baths

Other Interior Features

LivingAreaSourceAssessor

General for 1431 Baronne Street

Architectural StyleHistoric/Antique
CityNew Orleans
Construction MaterialsWood Siding
CountyOrleans
Days on Market168
DirectionsCorners of Baronne and MLK, downtown sides.
Full Baths
Legal DescriptionAs per title
LevelsTwo
New ConstructionNo
OwnerPaysInsurance, Taxes
PostalCityNew Orleans
Property ConditionResale
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories2
Structure TypeMixed Use, Retail
Tenant PaysAll Utilities, Janitorial Service
Year Built1923
Year Built DetailsResale, Age Unknown, Historical
ZoningMU-2

Exterior for 1431 Baronne Street

Building Area Total20488
Lot Dimensionsvarious
Lot FeaturesCorner Lot, City Lot, Oversized Lot
Lot Size Acres0
Lot Size Area0
Parking FeaturesNone
Water SourcePublic

Additional Details

Price History

Sharif Tambajang

Realtor
Price $3,900,000
MLS#2411219
List Date 08/29/2023
Property Type Commercial
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