$415,000
$619,000
33.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
3,708 SqFt
SOLD DATE : 04/28/2025
Key Details
Sold Price $415,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,708 sqft
Price per Sqft $111
MLS Listing ID 2491273
Sold Date 04/28/25
Style Spanish
Bedrooms 8
Full Baths 8
Construction Status Poor Condition
HOA Y/N No
Year Built 1950
Property Sub-Type Apartment
Property Description
Excellent redevelopment opportunity in the heart of the Lower Garden District! This historic, 19th century multi-family property features 8 one-bedroom, one-bath units and sits on an HU-RD2 zoned lot. Currently configured as an 8-plex and could be converted into fewer units or even a single-family home. The property requires a full rehabilitation but presents a unique opportunity for a savvy developer to unlock its potential with both state and federal historic tax credits available (buyer to independently verify tax credit eligibility and permitted unit count with the city). The building retains many original architectural details that reflect the rich history of New Orleans. Don't miss this chance to restore a piece of history in one of the city's most desirable neighborhoods!
Location
State LA
County Orleans
Interior
Heating Central, Window Unit, Dual System
Cooling Central Air, Window Unit(s)
Fireplace No
Exterior
Exterior Feature Balcony
Parking Features None
Pool None
Water Access Desc Public
Roof Type Shingle
Porch Balcony
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories Two
Construction Status Poor Condition
Others
Tax ID 101105707
Financing Cash
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Engel & Völkers New Orleans
Find out why customers are choosing LPT Realty to meet their real estate needs