837-839 JACKSON AVE Active Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70130
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,441 sqft
Price per Sqft $477
MLS Listing ID 2486006
Style Traditional
Bedrooms 8
Full Baths 8
Half Baths 4
Year Built 1860
Lot Size 4,033 Sqft
Property Sub-Type Mixed Use
Property Description
UNICORN INVESTMENT OPPORTUNITY! This outstanding building has FOUR TRANSFERABLE Commerical short term rental permits. The building underwent a full scale renovation in 2015. Each unit is two bedrooms, 2.5 baths (many are ensuite baths) walk in closets for days. The upper units boasts soaring ceilings and all units have tons of natural light. Every unit comes fully furnished with professional property management in place, many repeat guests, high star ratings across multiple short term rental platforms- a highly sought after vacation rental accommodation. The units were designed to complement but not compete with each other leading to high booking rates. The building as a whole is permitted to sleep 16 with room to spare, each unit sleeps 4. Steps from Magazine St, the location is outstanding for locals and tourists alike. This building is made for high returns, can be short term rented full time, or turn one unit into an owners unit- or both! Imagine having a place to come and go from steps from fabulous restaurants and shopping, and it produces income while you are not using it! Best of both worlds. The building grosses approximately $300,000 a year and growing.
Links to rental units can be provided upon request.
Agent is related to sellers and property management company.
Zoned Hu-B1A
This one will move quickly, don't sleep on this great investment opportunity.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features None
Roof Type Shingle
Building
Lot Description 1 to 5 Acres,City Lot
Foundation Raised
Sewer Public Sewer
Water Public
Others
Special Listing Condition None