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Multi-Tenant Home near the Garden District in New Orleans

Auction starts 11/18/2020 @ 1:00 PM EST
Auction Type: online

Description

Online Auction
Multi-Tenant Home near the Garden District in New Orleans

Beautiful Victorian 2-Family Dwelling in the Milan neighborhood which is a sub-district of the Central City/Garden District of New Orleans. Property is currently leased and has growth potential.

2,700 SF Residential Home
Two Addresses: 2301 Peniston St and 3719 S Liberty
Located in the Milan Neighborhood, a sub-district of the Central City/Garden District Area
6 Bedrooms, 3 Baths Total
Upstairs is Leased for $2300/Month
Upstairs has 5 BR/2 BA
Downstairs is a 1 BR/1 BA Efficiency
Downstairs is vacant but rents for $940/Month
Each residence has a separate entry
Approx. 3 miles from the French Quarter
Zoning: HU-RD1
This property falls within the boundary of the Neighborhood Conservation District. The Neighborhood Conservation District boundaries are described in Section 26-3 of Ordinance number 26037.
Permitted Uses
Bed & Breakfast – Accessory
Day Care Home, Adult or Child – Small
Single-Family Dwelling
Two-Family Dwelling
Established Multi-Family Dwelling
Group Home – Small
Residential Care Facility
Short Term Rental - Small
Lot Dimensions: Approx. 120’ x 50’
Topography: Grade level 
Utilities:    
Electricity: On Site
Water/Sewer: City
Flood Hazard: A Zone
Market Area: The Milan (Pronounced MY-lin) neighborhood is right next door to Central City/Garden District. The neighborhood is filled with Victorian cottages, shotguns, camelbacks and a few larger properties that have converted into condos. The streetcar runs along St. Charles Ave, one of the boundaries of the Milan neighborhood, and can quickly transport you to any number of restaurants, bars and shopping.

10% Buyer's Premium and other terms apply.
Online bidding ends November 18th at 1:00pm ET
Inspection: November 11th at 12:00pm
For more information, please contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com  

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