Calling all investors! Fully gutted and ready TREME PROPERTY to be Renovated & Restored!! Restore this home as originally built - Two 2 bedroom units or convert to a single-family home. Price reflects the property condition & the seller will NOT make any repairs and will need approximately 30 days after sale to remove all stored renovation materials from property. Seller willing to negotiate sale price for "renovation materials" to prospective purchaser.
Live in a French Quarter gem! Seize this rare opportunity to own a historic New Orleans French Quarter double. Each side of the house features 2 bedrooms and 2 full bathrooms (total of 4 bed/4 bath) with hardwood floors throughout, tall ceilings, sweeping staircases, and the aesthetic charm of the Vieux Carré. This property can be enjoyed as a single family dwelling, made available to tenants on both sides, or reconstituted as condos. Recent property enhancements include a new HVAC system valued at $20,000 (installed in 2019) and a drinking water filtration system (installed in 2021). In addition to a newly-replaced metal back roof, the majority of the exterior house siding has been replaced and repainted. Interior enhancements include: remodeled kitchens with refurbished hardwood floors; recessed lighting; fans; and updated appliances. Outside, there is a stunning back courtyard perfect for entertaining guests or enjoying the vibrant surroundings of the French Quarter. Step out the front door and to your immediate left you'll see the lit-up arches of Armstrong Park, to your right you'll be facing Jackson Square and Café Du Monde blocks away. This is an ideal spot for all festivals and events including French Quarter Fest, Jazz Fest, Essence Fest, Southern Decadence, Treme Creole Gumbo Fest, Satchmo Summerfest, Mardi Gras, St. Patrick's Day, and the various weekly music and cultural events that take place in Armstrong Park. Don't miss out on this rare opportunity to own this delightful and versatile property in one of New Orleans' most iconic neighborhoods. Schedule your viewing today and make this your dream come true. 1st Showing will be on Sat., 4/20/24
Great opportunity to renovate a historic Treme townhouse. Large property on a huge lot. Some original historic architectural features still in place. Great location, just blocks away from the Historic French Quarter. Eligible for both Federal and State Historic Tax Credits.
LOCATION, LOCATION, LOCATION! Home Owners and Investors are welcome to this idyllic property in the Historic Treme Neighborhood. You can too live in a piece of history only blocks away from the French Quarter, Esplanade, Louis Armstrong Park, and the interstate. Imagine relaxing on your porch and enjoying an impromptu parade down your street encouraging you to join in and meet your entire neighborhood! This History and Culture of New Orleans will never be too far from you in this picturesque Creole property. The Upper unit on boasts 4 bedrooms and 2 baths with original hardwood floors, brick chimney accents, washer dryer hookups, walk in closets, and a porch that you'll never want to leave! The lower unit on the left is a 2 bed 1 bath space that's warm, inviting, and fully furnished! The lower unit on the right is currently gutted, has utilities ran, and ready for renovations! It could be turned into a 3rd unit, add sqft to your primary unit, or remain used as storage space. Investors and homeowners are welcome to this classic and character filled cash flowing home!
Own the entire building! Three condos for the price of one--a three story 1830’s American Townhouse, originally designed as a single-family residence but currently sub-divided into three condos; to be sold as a package. The residence is eligible for up to “45% in Historic Tax Credits” to renovate this classic building (exposed brick, cypress floors, 13ft ceilings and two fireplaces per story) to one’s specific desires for pennies on the dollar. Keep one and rent two? Keep one and sell the other two? Combine two and rent the third? Gather a couple friends and each purchase a unit and design the perfect French Quarter getaway? Located on Mardi Gras parades route of “Barkus” the condos are ideal for entertaining in a friendly residential neighborhood, a short walk to Bourbon St and a block from Armstrong Park and the Rampart streetcar. The building is sold “as is” and is one of two separate structures on the lot. As the seller owns both buildings, it allows for few shared costs between buildings and most notably “no condo fees”.
New stunning camelback property in NOLA with 2 separate living spaces is currently under construction. Each unit has 3 beds, modern finishes, pre-engineered wood floors, granite countertops, stainless appliances and private laundry. Charming front porch and backyard. In a desirable location with easy access to shopping, dining, and entertainment. Contact us for a showing! Live on one side and rent the other or use this beauty as an investment property.
This raised double has hard wood floors, high ceilings, many remaining architectural details, parking and bonus space below! The property fronts on a beautify median and is located in the vicinity of many popular restaurants, music venues, bars and the historic mint on Decatur!
Built in 1827, This is one of the five buildings with entresol levels constructed for Louis McCarthy and designed by the French Architect, Louis H. Pilie. Adjoined to the rear of the Lower Pontalba, often cited as the oldest apartment buildings in the country, 522 Madison is located at the center of the Historical French Quarter and just a few minutesâ walk to St. Louis Cathedral, Cafe Du Monde and numerous restaurants, bars, and museums. Located in the National Register District of the French Quarter, 522 Madison is eligible for National Registry Status. 522 Madison is an excellent opportunity for re-development utilizing State and Federal Historic Tax Credits or condominium conversion. Consisting of 10 1bd/1ba units, elevator, and laundry room, spread across two buildings that are separated by a common area courtyard; three (3) of the leases are currently month to month. The property also features a penthouse on the top level with exceptional rooftop views of the Mississippi River, the New Orleans skyline, and the vibrant French Quarter. Currently vacant, it is ready to be used as the new owner's personal retreat or as a unique draw for a potential tenant. Rents are currently below market creating an excellent opportunity for immediate value-add. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click âOffering Memorandumâ below. From there, youâll be redirected to our website, able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you donât already have an account, you can create one for free.***
Fantastic opportunity to live a block from Jackson Square. Creole Porte Cochere Townhouse with Creole outbuilding tucked into a quiet block, this 4-unit building humbly stands. 1st level has 14' ceilings and huge doors opening onto Madison St, 2nd level has 2 bedrooms and huge balcony overlooking the cityscape. 3rd level is neat as a pin and is studio style living. Rear unit is 2 levels, living & kitchen below, bedroom & bath above, with balcony over courtyard. Make this place into you dream palace!
Premium Commercial/Residential property centrally located on one of the best blocks of Royal Street in the French Quarter. New Orleans culture has never been more alive at any other property! Walking distance to St. Louis Cathedral, Jackson Square & the French Market--making this a high-demand area for all investors in search of a classic income producing property that stays steadily, fully occupied. Annual Rental Income ~$225,600/year across all units ($18,800/month). With excellent street visibility for the commercial space opening onto Royal Street, this property is sure to pique interest in the bustling foot traffic of this area of the Quarter. Current tenant of commercial space has been there for many years. Property offers one, 1st floor commercial space + 8 residential units total (studios, 1BR & 2BR units). 3-story front house includes commercial on 1st floor level. gorgeous & spacious 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on the 3rd floor. Back house includes two 1BR/1BATH units and four studio/1BATH units. Both houses surrouding a large, lush courtyard area with indoor and outdoor stair access to units. Carriage way entry area can easily be converted into parking for 3+ cars with curb cut out already in place. First time on the market in over 70 years! Don’t miss your chance to own a piece of rare history in the New Orleans French Quarter.
The median home value in New Orleans, LA is $256,000. This is lower than the county median home value of $270,400. The national median home value is $338,100. The average price of homes sold in New Orleans, LA is $256,000. Approximately 38.9% of New Orleans homes are owned, compared to 42.07% rented, while 19.03% are vacant. New Orleans real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Orleans real estate agent to arrange a tour today!
New Orleans, Louisiana 70116 has a population of 383,974. New Orleans 70116 is less family-centric than the surrounding county with 18.56% of the households containing married families with children. The county average for households married with children is 19.77%.
The median household income in New Orleans, Louisiana 70116 is $45,594. The median household income for the surrounding county is $45,594 compared to the national median of $69,021. The median age of people living in New Orleans 70116 is 37.7 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 63.5 inches per year, with 0 inches of snow per year.