720 PORT ST new

New Orleans,LA 70117

$ 499000

4 Beds

4 Baths

2288 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $218

MLS Listing ID 2506063

Style Cottage,Creole

Bedrooms 4

Full Baths 4

Year Built 1850

Property Sub-Type Quadruplex

Property Description

Rare opportunity in the Marigny. 1850 Creole Cottage with four apartments separated by a private courtyard garden. Transform the front two units into a gracious single residence and rent out the back two units. Prime location in the 700 block of Port St. If your dream is to have an historic Marigny home with rental income, this is your vision come true. Two units fronting Port St. and back two units in rear of property. Verification by City of New Orleans as an Established Multifamily. Four separate electric meters and one water meter. Seller has lived in 720A since purchasing the property 27 years ago and would like the opportunity to lease back after sale both 720A for one year and 722B(the writing guest apartment) for 6 months. Other units are tenant occupied. Apartment 722A is under current market rates. The garden courtyard is filled with citrus trees and very peaceful. Location and opportunity are not to be missed. Anticipated to sell quickly as this is truly a rare and raw jewel in the making. 24 hour notice to show as owner/tenant occupied.

Location

State LA

County Orleans

Interior

Heating Window Unit

Cooling Window Unit(s)

Laundry None

Exterior

Exterior Feature Courtyard,Fence

Parking Features None

Pool None

Roof Type Shingle

Building

Lot Description City Lot,Rectangular Lot

Foundation Raised

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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