1620 Broadway St, New Orleans, LA 70118
- $575,000
- 6
- BD
- 3,311
- SqFt
- List Price
- $575,000
- MLS#
- 2567108
- Status
- ACTIVE
- Type
- Multifamily
- Stories
- 2
- Bedrooms
- 6
- Living Area
- 3,311
- Parish
- Orleans
Property Description
Opportunity knocks with this well-maintained University area triplex, lovingly cared for by the same owners for the past 29 years. Originally a family home and later a successful student rental, the property is ready for its next chapter. The spacious upper unit offers more than 1,700 square feet of living space, complete with a gracious front porch, an open floor plan with living and dining areas flowing into the kitchen, four bedrooms, two bathrooms, in-unit laundry, and direct access to the backyard and off-street parking. On the ground level are two generously sized one-bedroom, two-bath apartments, along with a separate shared laundry room. Situated on an oversized 45' x 120' lot, the property also features a long driveway, carport, and ample off-street parking. Great opportunity to rent to students for exceptional income. The owners chose not to re-lease the units after the tenants moved out, giving the next owner the opportunity to update the property to their own specifications. Whether you're looking to restore it as a spacious single-family home with income-producing units or continue its history as a high-demand University area rental, this is a property with exceptional flexibility and potential. Additional highlights include a new roof in 2026 and numerous other updates over the years.
Additional Information
- Exterior Features
- Fence, Porch
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Pool Description
- None
- Property Condition
- Average
- Heating
- Central, Window Unit(s)
- Cooling
- Central Air, Window/Wall
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