Description
Offered for the first time in more than 40 years, we are pleased to present 123 6th Street (also listed at 605 Walnut Avenue). At 15 units, this is one of the larger multifamily properties in downtown. Ideally located on the “100 Block,” residents are just steps from the beach, The Strand, and Main Street. By updating the units and bringing rents closer to market levels, the new owner can take advantage of enormous upside potential.
The entire building was re-piped in 2005, and the electrical system was upgraded in 2004. Additionally, the roof was replaced in 2012, while the windows were redone in 2015.
Location
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Listing Agent: Damien Breaux
Listing Office: Morgan Skenderian
Attribution contact:
db@morganskenderian.com
