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$ 535,000
Est. payment | /mo
6 Beds
6 Baths
2,700 SqFt
$ 535,000
Est. payment | /mo
6 Beds
6 Baths
2,700 SqFt
Key Details
Property Type Other Types
Sub Type Multifamily 5+
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $198
MLS Listing ID 2566711
Style Traditional
Bedrooms 6
Full Baths 6
HOA Y/N No
Year Built 2000
Acres 0.11
Lot Dimensions 40x120
Property Sub-Type Multifamily 5+
Source ROAM MLS
Land Area 2700
Property Description
SELLER FINANCING - 6%, 30 year Amortization, 5 yr Balloon. Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living space. $5,850/month gross income. This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio.Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 20% down, a 30-year amortization, a 3–5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers.The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information.
Location
State LA
County Orleans
Area 0.11
Interior
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features Off Street, Parking Lot, Driveway
Utilities Available Natural Gas Available
Garage No
Building
Lot Description Other
Foundation Slab
Water Public
Architectural Style Traditional
New Construction No
Others
Tax ID 412202904
Virtual Tour https://www.propertypanorama.com/instaview/roam/2538046
Listed by Bridgewater Realty Advisors
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