6218 Arts St, New Orleans, LA 70122
PENDING1.45 ACRES

6218 Arts St
New Orleans, LA 70122

Milneburg
  • 2 Beds
  • 2 Baths
  • 64,040 sqft (on 1.45 acres)
  • 2 Beds
  • 2 Baths
  • 64,040 sqft (on 1.45 acres)

$2,900,000

Est. Mortgage $17,466/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

SELLER FINANCING OPPORTUNITY This property consists of five townhouse style apartment buildings totaling approximately 34,000 sf of building area. These five buildings are sitting on six parcels of land totaling approximately 63,000 sf. There are 28 two story apartment units of approximately 980 sf of living area with 2 bedrooms and 1.5 baths. Property Highlights - New roofs - Individually metered for water and electricity - Tenants pay all utilities - Each unit has a washer and dryer hook up - Long term tenants - Long term owner - Several units are Section 8 units - Professionally managed - Some updated appliances For CA and Financials visit: https://dealroom.realnex.com/ca.aspx?data=%2f0pASgiIq3rLQh5FkwXiIQ%3d%3d

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
No HOA Fee
Price/Sqft
$45
Listed
50 days ago

Home Details for 6218 Arts St

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (partial): 1
Dimensions and Layout
Living Area: 64040 Square Feet

Days on Market

Days on Market: 50

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apt Complex (5+ Units)
Building
Not a New Construction

Price & Status

Price
List Price: $2,900,000Price Per Sqft: $45

Active Status

MLS Status: Pending

Location

Direction & Address
City: New OrleansCommunity: Gentilly
School Information
Elementary School District: Orleans ParishJr High / Middle School District: Orleans ParishHigh School District: Orleans Parish

Agent Information

Listing Agent
Listing ID: 2024003931

Building

Building Area
Building Area: 64040 Square Feet

HOA

Association for this Listing: Greater Baton Rouge Association of REALTORS®

Lot Information

Lot Area: 1.45 Acres

Compensation

Buyer Agency Commission: 1Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 2024003931Beast Property Type Property Sub Type: Multi-Family - Apt Complex (5+ Units)
Last check for updates: about 24 hours ago
Listing courtesy of Miguel Castro
Castro Real Estate Services, LLC, (225) 936-7643
Originating MLS: Greater Baton Rouge Association of REALTORS®
Source: ROAM MLS, MLS#2024003931

Price History for 6218 Arts St

DatePriceEventSource
04/08/2024$2,900,000PendingROAM MLS #2024003931
03/08/2024$2,900,000Listed For SaleROAM MLS #2024003931
07/20/2023ListingRemovedROAM MLS #2023001006
01/20/2023$3,500,000Listed For SaleROAM MLS #2023001006

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Property Taxes and Assessment

Year2022
Tax$3,650
Assessment$259,400
Home facts updated by county records

Comparable Sales for 6218 Arts St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.09
Multi-Family Home
-
02/16/24
4
2
1,408
0.20
Multi-Family Home
-
03/15/24
4
2
1,964
0.46
Multi-Family Home
-
08/18/23
6
3
2,744
0.37
Multi-Family Home
-
11/07/23
2
-
1,080
0.39
Multi-Family Home
-
09/29/23
2
-
1,200
0.84
Multi-Family Home
-
10/30/23
4
2
1,912
0.83
Multi-Family Home
-
03/04/24
4
2
1,868
0.87
Multi-Family Home
-
01/19/24
5
2
1,862
0.93
Multi-Family Home
-
08/31/23
4
2
1,704

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Milneburg

  • Raina G.
    "It's very quiet and family friendly. Not many noise disturbances. Close to a small grocery store and several fast food places a short drive away. "
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  • Notgiejones
    "It’s okay to send your kids to CVS/Rousses not the Franklin Discount. Everyone is Friendly and Sweet."
    0
    Flag
  • Raina G.
    "There aren't many community events currently taking place. It is a very quiet and friendly neighborhood. "
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  • Desireejhnsn
    "I Been here 5 yrs neighborhood is quiet. I like my neighbors mostly and everyone keeps the neighborhood clean"
    9
    Flag
  • Raina G.
    "Ive lived in thus neighborhood since i was born. Its always been very quiet and a good community with friendly neighbors and a shirt drive to local stores."
    7
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  • Jamiejet
    "I live by Elysian Fields Avenue and N. Claiborne Avenue. Outsiders might dismiss it as a 'sketchy' neighborhood but I find it to be safe and pretty friendly. Just say 'good morning, How ya' doing?' and get to know your neighbors and you will be fine. Many dog owners live in the area. The French Quarter is about a 15 min. walk away. Interesting nightlife on St Claude for music lovers. There are still empty fixer-uppers so you can buy without displacing a family. A good neighborhood for community-minded folks, for people who like art, live music, nightlife. A bad neighborhood for music-haters who move next to a longtime club and immediately call the police to complain about the noise. Also, a bad neighborhood for those who cannot say 'hello' or 'good morning'."
    9
    Flag

LGBTQ Local Legal Protections

Miguel Castro, Castro Real Estate Services, LLC
IDX information is provided exclusively for 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 not guaranteed. Copyright 2024 ROAM MLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
6218 Arts St, New Orleans, LA 70122 is a 2 bedroom, 2 bathroom, 64,040 sqft multi-family. 6218 Arts St is located in Milneburg, New Orleans. This property is currently available for sale and was listed by ROAM MLS on Mar 8, 2024. The MLS # for this home is MLS# 2024003931.