936 ESPLANADE Avenue

New Orleans, LA 70116

Open Tuesday 12/10/24 from 11-1. Add this gorgeous apartment complex to your investment portfolio! Location, Location, Location! Truly a stunning property boasting a collection of 5 beautifully renovated apartments. Nestled on a desirable tree lined block on the corner of Burgundy and Esplanade and across the street from Melrose Mansion and near the dog park! The property features a LARGE charming courtyard, and a front balcony. Renovated in 2020, the building exudes modern elegance while retaining its historic charm. With its prime location, these desirable apartments are easily rented, making this property a fantastic investment opportunity. Units 103, 201 and 202 are rented. The large owners unit (unit 102) is VACANT and ready for new owner to occupy or rent. Owners unit be utilized with attached Mother in law suite or additional rental! Rent total includes past rental amount and are approximate. The large primary unit/owners unit (unit 102) features 2 LARGE bedroom suites each with connecting bath, dressing room with an abundance of closets, 2.5 baths, enormous chef's kitchen, formal living and dining rooms spanning two stories with 1756 square feet of living space and can be combined with the rear unit for additional bedrooms. Historic fireplace mantels and tall ceilings. There are an additional four easily rentable one-bedroom and one-bath studio units within the building. Laundry on site. 4 electric meters and one water meter.. Units 103, 201 and 202 are stable tenants and each unit last rented within one week on the market! Unit 102 (large owners unit) and unit 101 (rear first floor mother in law unit) have just become available following the relocation of a long term tenant for a job out of state. Don't miss your chance to reside on the left side of the building while also benefiting from income generated by the other four rental units! 5 total units (101, 102, 103, 201 and 202).