$375,000
Pending

4623 LAINE AVENUE

New Orleans, LA 70126
6400 sqft | 12 beds | 4 baths | 0.43 acres | #2461001
Browse 19 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Quiet & Private Boarding House with Versatile Potential
Discover a unique opportunity with this 12-bedroom boarding house, offering a serene and private environment. This property features:
12 bedrooms in two residence halls, one on each level
Two kitchens (one large, one small)
Several common areas for relaxation & activities; A charming Screen room, and 2 large Multi-Activity Rooms, for dining, assembly, living, game room, classroom/office, etc
An enclosed yard (garden)
Ample parking on a large lot
All rooms are typically occupied, generating a steady income. This property is well suited for those looking to: Continue the current boarding house operation, Improve/update the facilities for new uses such as a Bed & Breakfast, Home Care Facility, Assisted Living, Day Care, Place of Worship, and/or many other possibilities. The property is Zoned S-RD, offering flexibility for various potential uses.
Room measurements only estimations. 1 or 2 rooms likely available for Showing Time viewings (July/Aug 2024).

  • Property Details
      • Lot DescriptionCityLot, OversizedLot
      • Property ConditionVeryGoodCondition
      • Property TypeMulti-Family
      • StyleTraditional
      • Sewer InformationPublicSewer
      • Original List Price$400,000
      • CountyOrleans
      • MLS #2461001
      • MLS #2461001
      • Acres0.4339
      • Utility SourcePublic
      • Cost375000
      • Property SubtypeOther
      • Square Feet6400
      • Year Built1954
      • FoundationSlab
      • Bedrooms12
      • Bathrooms4
      • Full Baths4

Location

Christian Perez | Star RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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