Description
Amazing opportunity to own this beautiful 4-plex & VACANT LOT in MID-CITY. Zoned HU-MU which allows for a wide variety of uses - https://czo.nola.gov/article-12/ - B&B, Group Home, Day Care Center, Art Gallery, Pet Day Care, Health Club, Micro-Brewery/Distillery, Commercial STR, etc. X Flood zone. Fannie Mae announced , starting NOV 18TH 2023 they are rolling out a game changing 5% down payment option for owner occupied multi family properties - a stark decrease from the previous 15-25% requisite for duplexes, triplexes, and four-plexes. This policy shift is ideal for prospective owner - landlord to take advantage of property investment with homeownership perks ! And Time Out readers voted MID CITY neighborhood as one of the top 10 coolest neighborhoods across the globe . Jazz Fest, Bayou Boogaloo , City Park, restaurants , grocery stores - Mid City has it all !
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8BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
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3,800SQFT
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$263$/SQFT
School Ratings & Info
Description
Amazing opportunity to own this beautiful 4-plex & VACANT LOT in MID-CITY. Zoned HU-MU which allows for a wide variety of uses - https://czo.nola.gov/article-12/ - B&B, Group Home, Day Care Center, Art Gallery, Pet Day Care, Health Club, Micro-Brewery/Distillery, Commercial STR, etc. X Flood zone. Fannie Mae announced , starting NOV 18TH 2023 they are rolling out a game changing 5% down payment option for owner occupied multi family properties - a stark decrease from the previous 15-25% requisite for duplexes, triplexes, and four-plexes. This policy shift is ideal for prospective owner - landlord to take advantage of property investment with homeownership perks ! And Time Out readers voted MID CITY neighborhood as one of the top 10 coolest neighborhoods across the globe . Jazz Fest, Bayou Boogaloo , City Park, restaurants , grocery stores - Mid City has it all !
Broker and Associates are licensed in the State of Louisiana, USA.
The Fields Group | Keller Williams Realty Premier Partners || 225-664-1911 || Denham Springs, LA.
Terms & Conditions
© 2023 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Fields Group | Keller Williams Realty Premier Partners. Data last updated: 2023-12-01T23:34:37.31.
Listing courtesy of Gulf South Real Estate Information Network.