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$425,000   Price Analysis
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2305-07 Valmont St
New Orleans, LA 70115
5 bed 5 bath 3,193 SqFt ($133/SqFt)
3,193SqFt lot. Built 1923
Listed 2024-04-02
Ⓧ USDA Ineligible
due to location

near New Orleans

Introducing an exciting Investment/Renovation Opportunity in the Heart of Freret Street Business corridor.

* Has Contingent Offer *

2305-07 Valmont Street is a 3 unit property within the bustling Freret Street business district, consists of a TWO -2 Bedroom 2 Baths units and ONE - 2 Bedroom 1 Bath. The property has a coveted HU-MU commercial zoning, this versatile gem offers an array of possibilities. Currently generating a steady income, this property holds enormous potential to be transformed and utilized for commercial purposes. There are 3 electric meters, 1 gas meter and 1 water meter. All three compressors have been replaced in the last 5 years. Brand ne w heat pump replaced two years ago for 2305. New roof was put on last year!

Situated in one of the coolest and most vibrant areas of New Orleans, this prime location is a stone's throw away from esteemed universities. Its proximity to the academic hub ensures a steady flow of potential customers, making it an irresistible prospect for business ventures. There are many restaurants, coffee shops and businesses within 1 block of the property. Don't miss out on this golden opportunity to invest in the heart of New Orleans' vibrant Freret Street. Embrace the potential and seize this remarkable property, as it awaits its next chapter in the thriving commercial landscape of the city. Contct us today to schedule a viewing and unlock the possibilities that await!


Presented by Robert Van Meter at
Berkshire Hathaway HomeServices Preferred, REALTOR.


Property MLS #2441455 from NewOrleans

Bedrooms: 5

Total Bathrooms: 5 / 0
Full Bathrooms: 5

Laundry Features: In unit

Cooling Features: Central
Heating Features: Central

Lot Description: Regular
Lot Size Acres: 0.0733012
Lot Size Dimensions: 31 x 103
Lot Size Square Feet: 3193

Number of Units: 3

Source Listing Status: Active Under Contract
County: Orleans
Source Property Type: Multi-Family
Source Neighborhood: FRERET
Parcel Number: 2305-VALMONTST
Property Subtype: 3 Plex
Source System Name: C2C

Price Changed 2024-04-16
$425,000
NewOrleans
Listed 2024-04-02
$439,000
NewOrleans

Total Square Feet Living: 3193
Year Built: 1923
Building Exterior Type: Wood Siding
Foundation Details: Raised
Property Age: 101
Roof: Asphalt, Shingle
Levels or Stories: 2.00000

Gas: Gas Paid By: Owner, Gas Type: Natural
Sewer: City
Water Source: Public

Lusher Charter School is a public elementary, middle and high school located approximately 1 miles away.
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Isidore Newman School is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.