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3109 MAGAZINE ST

Offered at: $ 589,000

Features:

Total Area: 3,516

Remarks:
This is an exceptional location. The property offers a well positioned street level commercial and three additional apartments. Current income is $4400/mo, projected income is $5000/mo. There is a large patio. The commercial area is leased for $2500/mo through early 2010 with a $200 last year step up. Two of the apartments are leased through June 2008 at $800 and $900/mo. This property is a condo. General condition is fair.

For more information, contact:
Danny Lewis
Telephone:(504) 949-5400
Cell Phone:(504) 952-9613
Email:danny@fqr.com

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Wilkinson & Jeansonne, LLC
d/b/a French Quarter Realty


(504) 949-5400
1041 Esplanade Avenue New Orleans, LA 70116 USA

Licensed to operate in the State of Louisiana,  USA
Copyright © 2008 French Quarter Realty