3702 Monroe Street New Orleans, LA ^$ 255,000

3702 Monroe Street

^$ 255,000

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3702 Monroe Street

New Orleans, LA, 70118

^$ 255,000

Bedrooms5 Baths2.0 Sq 2,232

Monthly Estimate*

^$ 1,695

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Multi-Family Home for sale in New Orleans, LA

for $255,000 with 5 bedrooms and 2 full baths. This 2,232 square foot home was built in 1950 on a lot size of 0.1148.

Perfect addition to any portfolio or awesome starter home for an owner occupant. Cash flows well and would be an awesome recently renovated. This turnkey property is has potential rent of $1331 for the 2 bedroom unit and $1716 for the 3 bedroom unit by Hanoâs 2023 Payment Standards. Schedule your private showing today. Property is eligible for multiple programs as well, including: No PMI, 3% down payment, and 6.125% interest Or $9000 to use any way you choose, 5% down payment, 6.25% interest, lower PMI

Multi-Family Active

Price

^$ 255,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1148

Year Built

1950

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2428265

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Shingle

Exterior Features Porch

Patio/Porch Features Porch

Architectural Style Other

Construction Materials Stucco

Year Built 1950

Tenant Pays Electricity

Stories 1

Levels One

Property SubType Duplex

County Orleans

New Construction 0

Property Type Residential Income

Energy Efficient Insulation

Total Rooms 0

Status Active

City New Orleans

Total Units 2

Street Name MONROE

Year Built Details 74

Home Warranty Y/N 0

Property Condition Repairs Cosmetic Very Good Condition Resale

Days on Market 40

Standard Status Active

Property Sub Type Additional Duplex

Legal Description SQ 595 LOT 1 MONROE & STROELITZ 50 X 100

Exterior

Parking Features None

Lot Features City Lot Rectangular Lot

Water Source Public

Lot Size Area 0.1148

Foundation Details Slab

Lot Dimensions 50x100

Lot Size Acres 0.1148

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Full Baths 2

Half Baths 0

Street Suffix Street

Total Bedrooms 5

* Excluded Features

List By

Nola Property Collective, Llc

Broker

realtormeghanm@gmail.com

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$1,695

Per Month

Monthly Principal & Interest: $1,695
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in New Orleans, LA

Average List Price ^$517,805

Percent of Sale Price 103%

About New Orleans, LA

392,550 Population

-19% Since 2002

^$41,421 Median Income

36.4 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/6/2024	$255,000		Listed Price

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3702 Monroe Street, New Orleans, LA, 70118 is a Multi-Family Home for sale at $255,000 with 2,232 sqft and a lot size of 0.1148. 3702 Monroe Street has 5 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 70118 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/27/2024.

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3702 Monroe Street

Multi-Family Home for sale in New Orleans, LA

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