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4176 Canal Street
New Orleans, LA 70119
Asking Price
$3.75M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Canal Street Office + Parking <p><span style="color: rgba(55, 65, 81, 1)">4176 Canal Street is a centrally located, four-story historic office building positioned along the highly trafficked Canal Street corridor in Mid-City. Strategically situated along Canal Streetcar Line, the property benefits from direct public transit access and strong connectivity to major thoroughfares including I-10 and the Pontchartrain Expressway. Constructed in 1949, the building features an efficient floorplate, elevator access to all levels, an
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NOI
$80,000
Cap Rate
2.13%
DSCR
0.36
Underwater
Cash-on-Cash
-12.68%
Monthly Payment
$18,552.954
Annual Cash Flow
$-142,635.447