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For Sale

1111 TULANE Avenue 716

1111 TULANE Avenue 716, New Orleans, LA 70112

$789,000

$95K+ in Gross Revenue for 2024! HOTEL LICENSE IN PLACE - DEEDED AND GATED/SECURED PARKING SPOT INCLUDED! Parking spot grosses an additionally $500 per month average. Projected 2025 Revenue is $95k+ in gross earnings for condo + parking spot. High yielding investment property with built in management from Hosteeva. This 4 bed/2 bath recently renovated unit comes fully furnished WITH PARKING! Custom cabinets, Bosch appliances and new flooring throughout. Parking is assigned garage parking space attached to the building. Capitalize on your investment by renting both your condo and parking space out 365 days a year. Tenants and owners get full use of all building amenities incl: terrace, fitness center, business center, media and game room. Centrally located in CBD, walking distance to Tulane, VA and University medical centers. Walk two blocks to Superdome/Arena or FQ. RARE opportunity to own a vacation rental condo in New Orleans!

4
beds

2
baths

1,586 Sq.Ft. LIVING AREA

Hayley Bumpas

title REALTOR®
PHONE (504) 450-3515
EMAIL [email protected]
DRE # 995685081

Sarah Martzolf

title REALTOR®
PHONE (504) 261-5654
EMAIL [email protected]
DRE # 000037928

Features & Amenities

Interior

total bedrooms4
Total bathrooms2
full bathrooms2
Laundry room In Unit, Washer Hookup, Dryer Hookup
Fireplace None
APPLIANCES Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
other interior Features Ceiling Fan(s), Carbon Monoxide Detector, Elevator, Stainless Steel Appliances

Area & Lot

Status For Sale
Living Area1,586 Sq.Ft.
Total Area1,586 Sq.Ft.
MLS® ID2521466
TypeCondo
YEAR BUILT1950
Architecture StylesMid-Century Modern

Exterior

STORIES1
water SourcePublic
PoolNone
roofAsphalt, Flat
lot featuresCity Lot
parkingAssigned, Garage, Parking Available, One Space
HEAT TYPECentral
AIR CONDITIONINGCentral Air
sewerPublic Sewer
SubstructureSlab
security FeaturesBuilding Security, Fire Sprinkler System

Financial

Sales Price$789,000

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The Martzolf Group

Sarah Martzolf

Phone

(504) 339-3676

[email protected]

Address

4901 Magazine St New Orleans LA 70115

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