New Orleans, LA 70130,1408 10 MAGAZINE ST
New Orleans, LA 70130,1408 10 MAGAZINE ST
New Orleans, LA 70130,1408 10 MAGAZINE ST
New Orleans, LA 70130,1408 10 MAGAZINE ST
New Orleans, LA 70130,1408 10 MAGAZINE ST
New Orleans, LA 70130,1408 10 MAGAZINE ST
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$550,000

$619,000

11.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

8 Beds

4 Baths

5,077 SqFt


SOLD DATE : 02/21/2025

Key Details

Sold Price $550,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,077 sqft

Price per Sqft $108

MLS Listing ID 2472529

Sold Date 02/21/25

Style Victorian

Bedrooms 8

Full Baths 4

Construction Status Average Condition

HOA Y/N No

Year Built 1870

Property Sub-Type Quadruplex

Property Description

Don't miss the opportunity to restore this Victorian double gallery four-plex, located in the heart of the Lower Garden District. Just a block from Coliseum Square and within walking distance to a variety of shops and restaurants, this property is situated in a prime location. Partially taken down to the studs, this architectural gem showcases its original hardwood floors, intricate crown molding, soaring ceilings, original millwork, elegant brick fireplace mantles, and ornate medallions throughout. Each of the four two-bedroom, one-bath units boasts its own balcony or private outdoor space, making this a rare and historically significant property. Renovate into a spacious single-family home or back into an income producing four-plex. A new roof was installed after hurricane Ida and the home is currently under a termite contract. The building is pre-approved for historic tax credits which could allow up to 45% (25% State and 20% Federal tax credits) rehabilitation costs back to the owner! Restore this beauty back to its former glory and obtain a sought after investment property. The facade of this building was donated to the Preservation Resource Center and the act of donation is included in the attachments.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Exterior Feature Fence

Parking Features None

Pool None

Water Access Desc Public

Roof Type Asphalt,Shingle

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories Two

Construction Status Average Condition

Others

Financing Cash

Special Listing Condition None

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Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by eXp Realty, LLC
Bought with New Orleans Property Shoppe Inc.
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6803 Press Drive # 170, Orleans, Louisiana, 70126, United States

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