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$1,795,000   Price Analysis
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2365 Magazine St
New Orleans, LA 70130
6 bed 5 bath 4,488 SqFt ($399/SqFt)
4,950SqFt lot. Built 1890
Listed 2024-02-23
Ⓧ USDA Ineligible
due to price & location

near New Orleans

Fantastic opportunity on the corner of Magazine and First Street in the Garden District.

Beautiful four-plex with a mix of commercial and residential tenants. Two downstairs units anchored by Defend Brand nw Orleans while the third downstairs residential unit was recently renovated i n 2021.

The upstairs residential unit spans both buildings and features 4 bedrooms/2.5BA, pleasing historical details and ample balcony space. Wonderful outdoor space including off street covered parking for 2 vehicles. Fully occupied and income producing.


Presented by Mary Shay at
Modern Realty, LLC.


Property MLS #2435446 from NewOrleans

Bedrooms: 6

Total Bathrooms: 3 / 2
Full Bathrooms: 3
1/2 Bathrooms: 2

Cooling Features: Central
Heating Features: Central

Balcony
Courtyard
Fence

Lot Description: Corner
Lot Size Acres: 0.1136364
Lot Size Dimensions: 4950
Lot Size Square Feet: 4950

Garage Description: Carport, Off Street Parking

Number of Units: 3

Source Listing Status: Active
County: Orleans
Directions: On the corner of First St. and Magazine St.
Source Property Type: Multi-Family
Property Subtype: 4 Plex
Source System Name: C2C

Listed 2024-02-23
$1,795,000
NewOrleans
Listing removed 2024-02-17
$0
NewOrleans
Price Changed 2023-09-28
$1,795,000
NewOrleans
Listed 2023-08-18
$1,895,000
NewOrleans
Listing removed 2020-10-27
$0
NewOrleans
Price Changed 2020-04-28
$1,395,000
NewOrleans
Listed 2020-02-14
$1,525,000
NewOrleans

Total Square Feet Living: 4488
Year Built: 1890
Building Exterior Type: Wood Siding
Foundation Details: Raised
Property Age: 134
Roof: Shingle
Levels or Stories: 2.00000

Gas: Gas Paid By: Owner, Gas Type: Natural
Sewer: City
Water Source: Public

Green Energy Efficient: Energy Star Appliances

Lusher Charter School is a public elementary, middle and high school located approximately 2.8 miles away.
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Trinity Episcopal School is a private elementary and middle school located approximately 0.2 miles away.
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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.