REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,250,000
Est. payment /mo
Pending
1427 ST MARY ST New Orleans, LA 70130
5,751 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 5,751 sqft
Price per Sqft $217
MLS Listing ID 2481930
HOA Y/N No
Year Built 1862
Lot Size 7,679 Sqft
Acres 0.1763
Property Description
Unique opportunity to acquire a breathtaking, 1860s Italianate Double-Gallery style compound located in the historic Lower Garden District. Set back from the street, this lushly landscaped property offers so many options. Currently configured as 6 units with a grand "owner's unit" featuring all of the wonderful historic details you'd expect -- moldings, medallions, mantles, wood floors, high ceilings, PLUS a private yard, porch and gated parking! The additional five units have a separate gated entrance, shared courtyard, and a common laundry facility. All units have central HVAC. Fully leased with rents totaling $9,850/mo. Seller financing may be an option depending on terms and buyer qualifications AND must have 25% or greater downpayment.
Location
State LA
County Orleans
Community Common Grounds/Area
Zoning HU-RD2
Interior
Fireplace No
Exterior
Parking Features Driveway, Off Street, One Space
Community Features Common Grounds/Area
Water Access Desc Public
Building
Lot Description City Lot, Oversized Lot, Rectangular Lot
Dwelling Type Mixed Use
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Living Quarters
Others
Tax ID 701301427STMARYST3&4
Special Listing Condition None
Listed by REVE, REALTORS