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$995,000   Price Analysis
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1027 Ninth St
New Orleans, LA 70115
5 bed 5 bath 3,810 SqFt ($261/SqFt)
3,875SqFt lot. Built 1923
Listed 2024-03-22
Ⓧ USDA Ineligible
due to price & location

near New Orleans

This is an excellent opportunity to own a versatile property which is situated a few steps away from Magazine Stret.

This listing is perfect for people who are looking for a property that offers both commercial and residential spaces. It is ideal for business owners who need a live-work space or a second home with tenants who can provide additional income. This property was previously used as a law office and provides an impressive living space. The commerci al space is a pet grooming business, which allows potential buyers to start earning immediately.

The location of the property is perfect as it offers extraordinary visibility and foot traffic due to its proximity to Magazine Street. The fully furnished rental unit has a private street entrance and large yard access. With a perfect blend of residential and commercial utility, this property provides an unparalleled opportunity to invest in one of the city's most coveted locations. Whether you're a business owner seeking a fantastic live-work solution or an investor looking for a diverse income-producing property, this listing is definitely worth considering.


Presented by Tina Scott at
Keller Williams Realty New Orleans.
Listing Agent Photo

Property MLS #2439768 from NewOrleans

Bedrooms: 5
Bedroom 1 Dimensions: 14.1 x 13.4
Bedroom 2 Dimensions: 14.3 x 12.2
Bedroom 1 Level: Lower
Bedroom 2 Level: Lower

Total Rooms: 8
Office: 12.8000 x 13.5000
Office Level: Upper
Office: 11.3000 x 12.8000
Office Level: Upper
Office: 14.1000 x 14.4000
Office Level: Upper
Office: 9.6000 x 10.8000
Office Level: Upper
Living Room Dimensions: 18.1 x 25.9
Office/Study Room Dimensions: 13.5 x 12.6
Living Room Level: Lower
Office/Study Room Level: Upper

Total Bathrooms: 5 / 0
Full Bathrooms: 5

Cooling Features: Central
Heating Features: Central

Balcony
Fence
Security Cameras

Lot Description: Regular
Lot Size Acres: 0.0889578
Lot Size Dimensions: 31X125
Lot Size Square Feet: 3875

Number of Units: 2

Source Listing Status: Active
County: Orleans
Directions: From Magazine, turn onto Ninth street, building will be on Left
Source Property Type: Multi-Family
Source Neighborhood: Irish Channel
Parcel Number: 411202007
Property Subtype: Commercial/Residential Combo
Source System Name: C2C

Listed 2024-03-22
$995,000
NewOrleans

Total Square Feet Living: 3810
Year Built: 1923
Building Exterior Type: Wood Siding
Foundation Details: Raised
Property Age: 101
Roof: Seal Tab
Levels or Stories: 2.00000

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

Lusher Charter School is a public elementary, middle and high school located approximately 2.6 miles away.
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The Louise S. Mcgehee School (Girls) is a private elementary, middle and high school located approximately 0.6 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.