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Image 1 - 1936-38 Saint Philip St, New Orleans, Louisiana, 70116 - House for sale
Image 2 - 1936-38 Saint Philip St, New Orleans, Louisiana, 70116 - House for sale
Image 3 - 1936-38 Saint Philip St, New Orleans, Louisiana, 70116 - House for sale
Image 4 - 1936-38 Saint Philip St, New Orleans, Louisiana, 70116 - House for sale
Image 5 - 1936-38 Saint Philip St, New Orleans, Louisiana, 70116 - House for sale
Image 6 - 1936-38 Saint Philip St, New Orleans, Louisiana, 70116 - House for sale
Home For Sale In New Orleans, Louisiana
1936-38 Saint Philip St, New Orleans, Louisiana, 70116

Home For Sale In New Orleans, Louisiana

house for sale
Listed: 06/17/24

1936-38 Saint Philip St, New Orleans, Louisiana, 70116

4 Bed:
2 Bath:
1,790 Sq Ft Living Area:
Save
Price
$ 378,250

About This House

Sold as a package deal along with910-12 NPrieur, 914-916 NPrieur and 1900 St Philip. $1, 550, 000.This 7-Unit Multifamily Portfolio is comprised of three duplexes and one single family home all within one city block. The properties are centrally located in a high growth area of Treme. The location is minutes from downtown and the French Quarter with easy access to I-10 andUS-90.Blocks from University Medical Center and the VA Hospital. All four properties have undergone full renovations in the past year including roofs, electrical and plumbing. All three duplexes have and/or are being rented to long term tenants with projected rents totaling $8200/month. The single family home is currently a STR with projected monthly rental income of$4000-$6000. LLCcan be purchased and includes a cost segregation study with a sizable first year deduction. Inquire for more details.

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Treme Housing & Living

Household Income

Median household income: $38,423
Number of households: 155,104
The average household income in New Orleans, LA grew from $36,999 to $38,423 in the past year. This data is an estimate based upon 155,104 households in New Orleans, LA.
The chart below presents how household income is distributed in New Orleans, LA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Orleans, LA compared to median property taxes around the country. The prevalent amount of property taxes in New Orleans, LA equals $3k+ , which is less than the national average.