$1,000,000 Price Analysis    ♡   New Orleans, LA 70116 3 bed 5 bath 4,207 SqFt ($237/SqFt) 4,792SqFt lot. Built 1852 Listed 2024-05-12 | Ⓧ USDA Ineligible due to price & location near New Orleans |
This 150+ year old building is a phenomenal Historic Tax Credit Opportunity.
Priced BELOW the recently appraised value and situated in an excellent French Quarter Location! Architectural drawings and Part 1 of the historic tax credits have already been completed. Further Details: - All VCC violations have ben remedied. - Exterior has been repaired.
- Beautiful architectural details throughout. - Part 1 of the tax credits have been approved. - Full construction estimate completed for complete renovation (available upon request). - Full se t of architectural drawings completed. Depending on the Buyer/Developer, tax credit potential could be a sizable portion of the estimated costs to complete the buildings (25% State and 20% Federal) ,
Presented by Cody Stringer at
Rve | Realtors.
Property MLS #2448128 from NewOrleans
Full Bathrooms: 5
Lot Size Acres: 0.11
Lot Size Dimensions: 22x95'
Lot Size Square Feet: 4792
High School: Orleans Paris
Middle School: Orleans Paris
Map directions Map directionsCounty: Orleans
Source Property Type: Multi-Family
Parcel Number: 518-GOVNICHOLLSST
Property Subtype: Apartment Complex
Lot Number: 9
Source System Name: C2C
$1,000,000
NewOrleans
Year Built: 1852
Building Exterior Type: Brick
Foundation Details: Raised, Slab
Property Age: 172
Roof: Slate
Levels or Stories: 4.00000
House Style: Traditional
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.