Lain Gorman

131 S Norman C Francis Parkway , New Orleans, LA 70119

$3,900,000
  • 131 S Norman C Francis Parkway , New Orleans, LA 70119 Main Photo

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New to the Market Active
BEDS27 BATHS27 full 6 partial MLS#2563853
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

131 S. Norman C. Francis Parkway presents a rare opportunity to acquire a turnkey, 20-unit historic multifamily property in the heart of Mid-City. Beautifully renovated in 2018, this well-maintained asset blends historic New Orleans character with modern amenities.Each apartment features hardwood floors, in-unit washer and dryer, dishwasher, and updated finishes designed to attract and retain quality tenants. The property also offers valuable off-street parking, an increasingly desirable amenity in this highly walkable neighborhood.Ideally situated along the Norman C. Francis corridor, the property is just blocks from Trader Joe's, Rouses Market, the Canal Street streetcar line, Bayou St. John, City Park, the Lafitte Greenway, restaurants, shopping, and many of Mid-City's most popular attractions.A stabilized, income-producing investment in one of New Orleans' most sought-after neighborhoods. Rent roll and financial information available upon request.

131 S Norman C Francis Parkway | MLS# 2563853

This multi-family property located at 131 S Norman C Francis Parkway , New Orleans, LA 70119 is currently listed for sale with an asking price of $3,900,000. Search New Orleans real estate on laingorman.wurthre.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Ductless (Mini-Split), Wall Unit(s)
Heating: Central
Lot Size: 0.46 Acres
Year Built: 1995

Feature Descriptions

Days on Site: 5
Exterior: Stucco
Laundry: Electric Dryer Hookup, In Unit
Lot: Other
Lot Dimensions: 143x138
Parcel#: 105300119
Parking: Off Street
Parking Notes: Off Street
Sewer: Septic Tank
Units: 20
Utilities: Natural Gas Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: NORF Realty LLC
Agency Phone: 504-722-3376

Shown By

Agent Name: Lain Gorman
Agent Phone:
Agency Title: Wurth Real Estate Services

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Estimated Payment

$ 9,817.21 per month $8,679.71 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,137.50 Homeowner's Insurance

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