$550,000
$619,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with New Orleans Property Shoppe Inc.
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6803 Press Drive # 170, Orleans, Louisiana, 70126, United States