$875,000 Price Analysis    ♡   New Orleans, LA 70117 5 bed 5 bath 3,400 SqFt ($257/SqFt) 2,479SqFt lot. Built 1870 Listed 2024-04-11 | Ⓧ Possibly USDA Ineligible due to property condition near New Orleans |
Exceptional Five-Unit Creole Townhouse style property in the heart of the Faubourg Marigny!
This carefully preserved gem teems with Pristine Orleans architecture including a phenomenal covered gallery overlooking majestic Royal Street, original hardwood at your feet and soaring ceilings above pulled together by floor-to-ceiling windows flooding the apartment with light, pocket doors exposed brick fireplaces abound and romantic exposed beams throughout the third story unit. The property sits amid a highly coveted New Orleans neighborhood pulsating with world-class dining, architectural grandeur, vibrant live music and so much more.
Beyond its amenities, this area is enviably located in the preferred flood zone X and steps to the French Quarter. This carefully maintained opportunity would be a perfect opportunity for anyone looking to add a gem to their real estate portfolio for immense rental income, to undertake a luxury renovation project or to embark on an ideal condo-conversion project. Income for all units are significantly under fair market rate. Seize this pportun ity and embrace the chance to claim a piece of New Orleans history as your own.
Presented by Michael Styles at
Keller Williams Realty New Orleans.
Property MLS #2442690 from NewOrleans
Full Bathrooms: 5
Heating Features: Ductless Wall Unit
Lot Size Acres: 0.0569
Lot Size Dimensions: 31 x 80
Lot Size Square Feet: 2479
County: Orleans
Source Property Type: Multi-Family
Source Neighborhood: Faubourg Marigny
Parcel Number: 38W101220
Source System Name: C2C
$875,000
NewOrleans
Year Built: 1870
Building Exterior Type: Wood Siding
Foundation Details: Raised
Property Age: 154
Roof: Shingle
Levels or Stories: 3.00000
House Style: CreoleTownhouse
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.