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$174,900   Price Analysis
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5721 Royal St
New Orleans, LA 70117
4 bed 2 bath 1,508 SqFt ($115/SqFt)
2,728SqFt lot. Built 1914
Listed 2024-04-09, Taxes $1,497
Ⓧ USDA Ineligible
due to location

near New Orleans

Located one block from the levee in the charming Holy Cross historic district

This property presents an excellent opportunity for investors or owner-occupiers seeking rental income. With bright and airy 11-foot tall ceilings, both units feature no carpet, ceiling fans and in-unit laundry facilities fr added convenience. This double has many original details that harken back to its historic roots like pretty antique doors, corbels, exposed brick fireplaces and original wood floors on one side. The property's layout includes separate fenced yards, separate electric meters provide ease of utility management. The 5721 side has an updated kitchen a nd bathroom, original wood floors in living room and bedrooms, exposed original brick decorative fireplaces, tile in the kitchen and bathroom and window units in each room (with existing ductwork to easily add AC system).

The 5723 side has central heat and AC with all tile flooring. The rear portion of the roof on the addition is 2 years old. The front part of the original structure has an original slate roof. Whether you're looking to invest in a promising rental property or seeking a comfortable home with additional rental income, this double in the Holy Cross district fits the bill. Don't miss your chance to own a piece of this vibrant neighborhood. 24 hour notice is required to show as both sides are occupied. 5721 side is short term tenant leaving June 7, 2024. 5723 side has 1 year lease through mid August 2024.


Presented by Blair L Mahaffey at
Keller Williams Realty New Orleans.
Listing Agent Photo

Property MLS #2441799 from NewOrleans

Bedrooms: 4

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Laundry Features: in unit

Cooling Features: Central, Window Unit
Heating Features: Central, Window Unit

Fence

Lot Description: Regular
Lot Size Acres: 0.0626263
Lot Size Dimensions: 31x88
Lot Size Square Feet: 2728

Number of Units: 2

Source Listing Status: Active
County: Orleans
Source Property Type: Multi-Family
Source Neighborhood: Holy Cross
Property Subtype: Double
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$8,840 + $1,360
$10,200
$1,497
2022$8,400 + $1,360
$9,760
$1,373
2021$8,840 + $1,360
$10,200
$1,468
2020$8,840 + $1,360
$10,200
$1,482
2019$7,700 + $820
$8,520
$1,287
2018$7,700 + $820
$8,520
$1,312
2017$7,700 + $820
$8,520
$1,253
2016$7,700 + $820
$8,520
$1,293
2015$9,730 + $820
$10,550
$1,568
2014$9,730 + $820
$10,550
$1,569
2013$9,730 + $820
$10,550
$1,564
2012$6,480 + $610
$7,090
$1,042
2011$6,480 + $310
$6,790
$1,002
2009$5,600 + $310
$5,910
$768
2005$unknown + $unknown
$5,910
$822

Listed 2024-04-09
$174,900
NewOrleans
Sold 2018-12-10
$0
Public Record
Listing removed 2018-12-07
$129,000
NewOrleans
Listed 2018-09-13
$129,000
NewOrleans
Sold 2015-04-01
$0
Public Record
Listing removed 2012-12-02
$96,000
NewOrleans
Relisted 2012-07-09
$96,000
NewOrleans
Listing removed 2012-07-07
$96,000
NewOrleans
Listed 2012-06-01
$96,000
NewOrleans
Listing removed 2010-11-30
$84,900
NewOrleans
Listing removed 2010-06-01
$99,000
NewOrleans
Listing removed 2009-10-31
$105,000
NewOrleans
Listed 2009-04-28
$84,900
NewOrleans
Listed 2009-04-28
$99,000
NewOrleans
Listed 2009-04-28
$105,000
NewOrleans
Listing removed 2009-04-25
$650
NewOrleans
Listing removed 2009-03-14
$92,950
NewOrleans
Listing removed 2009-02-22
$92,950
NewOrleans
Listed for rent 2008-10-20
$650
NewOrleans
Listed 2008-09-23
$92,950
NewOrleans
Sold 1986-07-18
$0
Public Record

Total Square Feet Living: 1508
Year Built: 1914
Building Exterior Type: Vinyl Siding
Foundation Details: Raised
Property Age: 110
Roof: Shingle, Slate
Levels or Stories: 1.00000
House Style: Traditional

Sewer: City
Water Source: Public

Lusher Charter School is a public elementary, middle and high school located approximately 6.5 miles away.
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St. David Elementary School is a private elementary and middle school located approximately 0.4 miles away.
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Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.