Michael Wilkinson
This listing was posted on RealtyWW.
$3,575,000
Home For Sale In New Orleans, Louisiana
Price:
$3,575,000
BR/BA:
10+ BR, 10+ BA
Location:
824 Royal St, New Orleans, LA
Description:
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 and 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 and 2BR units). 3-story front house includes commercial on 1st floor level. gorgeous and 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! Dont miss your chance to own a piece of rare history in the New Orleans French Quarter.For more details: https://realtyww.info/homes_new-orleans-d523390/for-sale_i68856844
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More About this Listing: Home For Sale In New Orleans, Louisiana
Home For Sale In New Orleans, Louisiana is a 10+ BR 10 Bathroom, 10+ BA, 10.5 Bathroom Single-Family Homes for Sale at 824 Royal St in New Orleans LA. Find other listings like Home For Sale In New Orleans, Louisiana and listings near 824 Royal St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 10.5 Bathroom Single-Family Homes for Sale in New Orleans LA.
Home For Sale In New Orleans, Louisiana is a 10+ BR 10 Bathroom, 10+ BA, 10.5 Bathroom Single-Family Homes for Sale at 824 Royal St in New Orleans LA. Find other listings like Home For Sale In New Orleans, Louisiana and listings near 824 Royal St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 10.5 Bathroom Single-Family Homes for Sale in New Orleans LA.