2605 Washington Ave, New Orleans, LA 70113

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Building Details:

• Year Built: 1970

2605 Washington Ave is amulti-family property located in New Orleans, LA. The property currently has 1 multi-family space for lease and is marketed by Re/Max Commercial Brokers Inc.

Turn-key 4-plex residential apartment building in Central City New Orleans. The property is fully leased and offered at an 8.0% CAP. It has a contractual Annual Rental Income of $44,592 and proforma ancillary income (laundry facility) of $2,000 for Gross Annual Income of $46,592. Proforma annual expenses are $13,392 for an annual proforma NOI of $33,200.

First constructed in approximately early 1970, this property had a full and complete inside and out renovation in mid/late 2016 including refinished exterior, new interior plumbing, electrical, interior HVAC, full kitchen renovations with granite countertops, new stainless refrigerators, sinks, dishwashers, and cabinetry.

Listing Agent holds ownership interest in the property.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Multi-Family Space	For sale: Contact for Pricing	3,267 sqft
View Details Listing company: Re/Max Commercial Brokers Inc Pricing: Contact for Pricing Availability: Now Listing ID: 1015596 Save to list