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$ 1,275,000
Est. payment | /mo
4,660 SqFt
$ 1,275,000
Est. payment | /mo
4,660 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,660 sqft
Price per Sqft $273
MLS Listing ID 2479016
HOA Y/N No
Year Built 1917
Lot Size 4,033 Sqft
Acres 0.0926
Property Description
Historic Uptown Gem: Prime Investment Opportunity!!! Step into a piece of history with this stunning 107-year-old two-story historic property, offering over 4,600 sq. ft. of living space in a highly sought-after Uptown location. Situated adjacent to Touro Hospital and the bustling medical corridor, this property is just a block away from the iconic St. Charles Avenue, the streetcar, and vibrant Mardi Gras parades.
Currently used as a multifamily residence with four apartments (2/1, 1/1, efficiency, and a spacious 3/2 upstairs), this property is zoned HU-MU, which opens the door to a variety of commercial possibilities. The sale also includes the adjoining 4096 sq. ft. lot (1510 Louisiana Avenue), providing ample room for parking, expansion or development.
The second floor features an expansive 3-bedroom, 2-bath unit filled with natural light, soaring ceilings, oversized closets, a sitting room, dining room, and a bonus room. The ground floor consists of three separate apartments, generating steady rental income.
This property has been lovingly owned by the same family since it was built in 1917. It is eligible for State & Federal Historic Tax Credits, allowing the new owner to recoup up to 45% of eligible renovation costs. With a new roof installed in 2021 and situated in an X Flood Zone, this property is poised for success in the long term.
Don't miss your chance to own a piece of New Orleans history. Whether you're looking to preserve its historic charm or explore commercial opportunities, this property offers endless potential and awaits its' next steward.
Open House
Date: Sunday, April 6, 2025
Time: 12:00 PM - 2:00 PM
Contact us today to schedule your private showing and explore the many possibilities this exceptional property has to offer!
Currently used as a multifamily residence with four apartments (2/1, 1/1, efficiency, and a spacious 3/2 upstairs), this property is zoned HU-MU, which opens the door to a variety of commercial possibilities. The sale also includes the adjoining 4096 sq. ft. lot (1510 Louisiana Avenue), providing ample room for parking, expansion or development.
The second floor features an expansive 3-bedroom, 2-bath unit filled with natural light, soaring ceilings, oversized closets, a sitting room, dining room, and a bonus room. The ground floor consists of three separate apartments, generating steady rental income.
This property has been lovingly owned by the same family since it was built in 1917. It is eligible for State & Federal Historic Tax Credits, allowing the new owner to recoup up to 45% of eligible renovation costs. With a new roof installed in 2021 and situated in an X Flood Zone, this property is poised for success in the long term.
Don't miss your chance to own a piece of New Orleans history. Whether you're looking to preserve its historic charm or explore commercial opportunities, this property offers endless potential and awaits its' next steward.
Open House
Date: Sunday, April 6, 2025
Time: 12:00 PM - 2:00 PM
Contact us today to schedule your private showing and explore the many possibilities this exceptional property has to offer!
Location
State LA
County Orleans
Zoning HU-MU
Interior
Fireplace No
Exterior
Parking Features Driveway, Detached, Parking Lot, Three or more Spaces
Water Access Desc Public
Building
Lot Description City Lot, Rectangular Lot
Dwelling Type Mixed Use,Other
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Living Quarters
Others
Tax ID 614226808
Special Listing Condition None
Listed by Villere Realty, LLC
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