$879,000

6 Beds
6 Baths
4,448 Sqft
0 Acres
No Garage

This beautifully maintained 6-unit property produces 90 K Rental Income Yearly! Located just one block off Canal Street, it consists of one Neo-Classical Revival four-plex, and one Arts and Crafts front/back double, offering six one-bedroom, one-bath apartments, all with independent central HVAC. The units retain most of their original architectural details while featuring modern amenities. The first house contains two apartments, one in the front and one in the back. The second house includes four units, with two upstairs and two downstairs. Both homes boast covered front porches.
A small courtyard separates the houses in the front, while the rear courtyard offers a common sitting area, a one-car garage, an outdoor storage area, and a common laundry area for three units (three have own W/D). This property is ideally situated one block from the Canal streetcar line, in a vibrant area rich with restaurants, shopping, and the best of New Orleans.

Essential Information
MLS® #2533556
Price$879,000
Bedrooms6
Bathrooms6.00
Full Baths6
Square Footage4,448
Year Built1930
TypeResidential Income
Sub-TypeOther, Craftsman
StatusActive
Community Information
Address136 S Olympia St
CityNew Orleans
CountyOrleans
StateLouisiana
Zip Code70119
Amenities
ParkingOne Space
PoolNone
Interior
HeatingCentral
CoolingCentral Air
Appliances

ENERGY STAR Qualified Appliances

Exterior
ExteriorAluminum Siding, Wood Siding
WindowsScreens
RoofAsphalt, Shingle
ConstructionAluminum Siding, Wood Siding
FoundationRaised
Exterior Features

Balcony, Courtyard, Fence, Porch

Lot Description

Corner Lot, City Lot, Rectangular Lot

School Information
ElementarySt. Anthony
HighJesuit
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