1201 Casa Calvo St, New Orleans, LA 70114

Nestled in the heart of historic Algiers, this multi-family package presents a unique investment opportunity brimming with potential. Fantastic opportunity to renovate and own a 6 unit compound in a residential location. Property includes 4 buildings in 1 fenced corner lot. Bldg 1201 is a raised frame, single family with 1 bedroom and 1 bath. Bldg 1201 B is a concrete slab, 2 story, single family with 2 bedrooms and 1.5 baths. Bldg 1201 C & D is a concrete slab, gutted, 2 story, 2 unit building with 1 unit up and 1 unit down - each with 1bed/1bath. Bldg 1205-1207 is a raised frame shotgun double with 1 bed/1bath on each side. Separate electric meters and 1 common water meter. Subject located on corner lot at a dead end which makes it convenient for parking. The location could not be more convenient, mere minutes from public transportation, the bustling Federal City, and essential commuter links like the bridge and ferry. Plus, with easy parking along the dead-end street, this property ticks all boxes for accessibility. The potential for a lucrative rental income is palpable. The outdoor space each unit offers provides a private oasis in the city, making it all the more appealing in a bustling urban environment. So, if turning spacious courtyards into charming retreats or transforming interiors into modern sanctuaries sounds like your kind of challenge, then this Algiers gem might just be your next big catch in the Crescent City’s vibrant real estate market. Seize the opportunity to craft something special—where history meets potential, right on the banks of the mighty Mississippi.