$1,450,000 Price Analysis    ♡   New Orleans, LA 70117 7 bed 11 bath 12,500 SqFt ($116/SqFt) 7,314SqFt lot. Built 1920 Listed 2024-05-06, Taxes $11,395 | Ⓧ USDA Ineligible due to price & location near New Orleans |
3037 Royal Street presents a unique opportunity with 4 apartment units and over 10
000 square feet of office space available for sale. Two apartments are leased, one is owner-occupied and the last is currently on the market and all have been recently renovated. The rear commercial space is partially owner-occupied but will be delivered vacant at act of sale. It currently features 14 private office spaces, a large boardroom, a full kitchen area, commercial laundry facilities, approximately 800 square feet of double-height warehouse space and several larger open office areas.
With tax credits available for renovation, this fully sprinklered and elevator accessed property is ideal for an office user seeking space with dditional income from the apartments or an investor looking for stable returns in a prime location from a long term lease or from coworking space. The RDO-1 overlay permits a variety of commercial uses, including office, retail, rest aurant, gallery and medical. Located close to Bywater favorites like Petite Clouet, Bywater Brew Pub, BABS, Satsuma, Pizza Delicious and many more.
Presented by Aaron J Kazanoff at
Ben & Burka.
Property MLS #2446879 from NewOrleans
Full Bathrooms: 4
1/2 Bathrooms: 7
Heating Features: Central
Lot Size Acres: 0.1679063
Lot Size Dimensions: 46x159
Lot Size Square Feet: 7314
County: Orleans
Source Property Type: Multi-Family
Source Neighborhood: Bywater
Parcel Number: 41062151
Property Subtype: Apartment Complex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $62,510 + $15,110 $77,620 | $11,395 |
| 2005 | $unknown + $unknown $35,570 | $3,083 |
$1,450,000
NewOrleans
Sold 2022-06-16
$0
Public Record
Listing removed 2022-06-14
$0
NewOrleans
Sold 1993-12-01
$0
Public Record
Sold 1983-06-14
$0
Public Record
Year Built: 1920
Building Exterior Type: Cinder Block, Siding
Foundation Details: Raised
Property Age: 104
Roof: Shingle
Levels or Stories: 2.00000
Sewer: City
Water Source: Public
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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.