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Listed price in listed location currency (USD).
$624,999

1260

MLS® 2538908

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 5252 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 2023
Avg. Price Per Sqft $119
MLS® Number 2538908

Property Address: 2714 N Galvez St, New Orleans, LA, 70117-6958

Average square foot calculated using Size range provided by listing agent.

Description

1031 Exchange or as a Cash Cow! This stunning, newly renovated 6-unit building is a money-making machine with significant upside potential. Currently, the property is generating only $5, 800/month — well below market value — creating an exceptional opportunity for investors to maximize rental income. Section 8 Rent Potential: 1 Bedroom Units: $1, 149/month each x 2 units = $2, 298/month 2 Bedroom Units: $1, 362/month each x 2 units = $2, 724/month 3 Bedroom Units: $1, 750/month each x 2 units = $3, 500/month Total Potential Section 8 Income: $8, 522/month That’s a $102, 264/year potential income! Key Features: Fully Renovated in 2023 from the studs up Professionally Managed, cash-flowing Section 8 rental Upstairs Units: 2 x 3-bedroom, 1-bath units with updated kitchens, hardwood floors, and open floor plans Downstairs Units: 4 units — 2 x 2-bedroom, 1-bath and 2 x 1-bedroom, 1-bath units, each with separate water & electricity meters and central air Ample Storage space throughout the building This is your chance to own a premium investment property that is cash-flowing and poised for growth. Whether you're looking for steady monthly income or a 1031 Exchange opportunity, this property is a standout. Bonus: Seller Financing & Bond for Deed Friendly! This turnkey property won’t last long! Owner/Agent is a licensed real estate professional. Don’t miss out – schedule a viewing today!
MLS® Number2538908
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2023
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 19, 2026List Date
$624,999List Price
  • Commute

Commute

Starting Address
Destination Address
2714 N Galvez St, New Orleans, LA

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