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2933 PINE Street
New Orleans LA 70125 US

$615,000

Active Listing ID 2473740
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Lot: 0.12 Acres
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Other

$615,000

Active Listing ID 2473740
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2933 PINE Street Welcome to 2933 Pine Street, a two-story 4-plex situated in the charming Fountainbleau area of New Orleans, right next to the esteemed Dominican High School. This property presents a phenomenal opportunity for both seasoned and budding investors. Listed by its owner/agent. Built with symmetry and style, each of the four units mirrors its counterpart, offering a consistent and pleasing layout. The two ground-floor shotgun units feature 2 bedrooms and 2 bathrooms each, while the upper shotgun units mirror this configuration with one bath and a rear deck. All units boast modern conveniences, including washer and dryer hookups and central HVAC systems to ensure year-round comfort. Recent updates include a substantial renovation around 2015 and the addition of sleek hardwood floors in the lower units in 2018. Currently, all four units are rented, generating stable income with the highest rent reaching $1, 450 per month. One unit comes with off-street parking for one car. A detailed rent roll is available to prospective buyers, illustrating the property’s lucrative potential. For investors looking to maximize their leverage, this property may be eligible for 3.5% down financing through FHA. Additionally, the seller is offering the possibility of financing the purchase via a bond for deed with attractive terms for the right buyer. Alternatively, you might choose to occupy one unit yourself and let the rental income from the other three cover your mortgage— a smart strategy for anyone looking to make their investment even more affordable. Don’t miss out on this exceptional opportunity to own a piece of New Orleans’s vibrant real estate market. Whether you’re expanding your portfolio or stepping into the world of investment for the first time, 2933 Pine Street offers both a great opportunity and a touch of Southern charm.

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Property Features

  • Facts
  • Lot Size: 0.12 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Balcony, Courtyard, Porch
  • Roof Type: Asphalt
  • Heating Fuels: Central Furnace
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 615000
  • unparsedaddress: 2933 PINE Street
  • postalcity: New Orleans
  • stateorprovince: LA
  • country: US
  • postalcode: 70125
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.116
  • lotsizeunits: Acres
  • lotsizearea: 0.116
  • livingarea: 3908
  • livingareaunits: Square Feet
  • latitude: 29.957143
  • longitude: -90.112176
  • listagentfullname: Karianne Chassee
  • listagentemail: khchassee@gmail.com
  • listagentkey: 3yd-NOMARLA-chaskari
  • listagentmlsid: chaskari
  • listagentpreferredphone: 5045133109
  • listagentofficephone: 5045133109
  • listofficekey: 3yd-NOMARLA-EXPR01
  • listofficemlsid: EXPR01
  • disclaimer: Copyright © 2024 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NOMARLA
  • listingcontractdate: 2024-10-28
  • listagenturl: https://sla.exprealty.com/
  • countyorparish: Orleans
  • constructionmaterials: Stucco, Vinyl Siding
  • heating: Central Furnace
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • roof: Asphalt
  • waterfrontyn: False
  • exteriorfeatures: Balcony, Courtyard, Porch
  • architecturalstyle: Other
  • rooms: Laundry
  • patioandporchfeatures: Porch
  • entrylevel: 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.112175, 29.957144
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"la.broker@exprealty.net", "ListBrokerageCity":"New Orleans", "ListBrokerageCountry":"US", "ListBrokerageEmail":"la.broker@exprealty.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/NOMARLA/d7ff1be1627711e7971f0242ac110009/20230301234206376.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"504.513.3109", "ListBrokeragePostalCode":"70130-6116", "ListBrokerageStateOrProvince":"LA", "ListBrokerageUnitNumber":"Ste 1400", "ListBrokerageUnparsedAddress":"650 Poydras", "ListBrokerageWebsiteUrl":"https://sla.exprealty.com/", "ListOfficeAddress1":"650 Poydras St", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"New Orleans", "ListOfficeCountry":"US", "ListOfficeEmail":"la.broker@exprealty.net", "ListOfficePostalCode":"70130", "ListOfficeStateOrProvince":"LA", "ListPriceCurrencyType":"USD", "ListingTitle":"4 Plex, Shot Gun - New Orleans, LA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2933-Pine-St_New-Orleans_LA_70125_M71418-05049?f=listhub&s=NOMARLA&m=2473740&c=rexren", "MLSModificationTimestamp":"2024-10-28T09:45:38Z", "Neighborhoods":[{"Description":null, "Name":"Fontainebleau"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:30:02 AM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Karianne Chassee, eXp Realty, LLC, khchassee@gmail.com

Copyright © 2024 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.