2614 BANKS ST, New Orleans, LA 70119
2614 BANKS ST, New Orleans, LA 70119
2614 BANKS ST, New Orleans, LA 70119
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$459,999
Est. payment /mo
1,627 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,627 sqft

Price per Sqft $282

MLS Listing ID 2552187

HOA Y/N No

Year Built 1936

Lot Size 2,291 Sqft

Acres 0.0526

Property Description

Excellent Mid-City investment opportunity on a lovely, oak-lined stretch of Banks Street. Located two blocks from the thriving and expanding BioDistrict New Orleans, one block from the new Trader Joe's, and minutes to Downtown and the French Quarter. This renovated 5-bedroom, 2.5-bath property is commercially zoned MU-1 and currently operates as a successful Commercial Short-Term Rental (CSTR), generating approximately $85,000 annually. An active, transferable CSTR permit is in place. Renovated three years ago, the home features new Hardie siding, recent foundation and pier work, durable and low maintenance vinyl plank flooring, and an inviting backyard complete with a hot tub and fire pit.

Link to AirBnb listing: https://www.airbnb.com/rooms/1502298458211171176?viralityEntryPoint=1&s=76&source_impression_id=p3_1775841129_P3Wb8CrS5r8EUzwG&scroll_to_review=1632845323869448496

Location

State LA

County Orleans

Zoning MU-1

Interior

Fireplace No

Exterior

Parking Features Driveway, Off Street, One Space

Water Access Desc Public

Building

Lot Description City Lot, Rectangular Lot

Dwelling Type Mixed Use

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Tax ID 105202304

Special Listing Condition None


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Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Collab Realty, LLC
Schools and Properties Nearby
Mark Hingle

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2614 BANKS ST