2714 N Galvez Street, New Orleans, LA 70117
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
2714 N Galvez Street,New Orleans, LA 70117
$599,999
- 12 Beds
- 6 Baths
- 5,252 sq. ft.
- Multi-family
- Active
Listed by:justin lee
Office:fleur de lee realty, llc.
MLS#:2467261
Source:LA_CLBOR
Price summary
- Price:$599,999
- Price per sq. ft.:$114.24
About this home
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!
Contact an agent
Home facts
- Year built:1960
- Listing Id #:2467261
- Added:290 day(s) ago
- Updated:August 17, 2025 at 02:54 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Full bathrooms:6
- Living area:5,252 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Ductless, Heating, Wall Furnace, Window Unit
Structure and exterior
- Roof:Shingle
- Year built:1960
- Building area:5,252 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,999
- Price per sq. ft.:$114.24
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