1117-19 BOURBON ST New Orleans, LA 70116
7 Beds
6 Baths
3,753 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,753 sqft
Price per Sqft $346
MLS Listing ID 2568855
Style Creole,French Provincial
Bedrooms 7
Full Baths 6
Construction Status Excellent
HOA Y/N No
Year Built 1718
Property Sub-Type Apartment
Property Description
luxury. The building was completely gutted to the studs and meticulously renovate in 2016, outfitting every unit with designer finishes, premium quartz countertops, rich hardwood flooring, and modern appliances. Providing maximum tenant comfort,
every single apartment features a full-sized kitchen and a private laundry. Beyond the private residences lies an enchanting outdoor sanctuary. Tenants enjoy access to a large shared brick courtyard, manicured landscaping and a tranquil water fountain. It serves as the ultimate French Quarter escape to relax, entertain, and take in the city's breathtaking evening sunsets painted in peach and lilac
Endless Value-Add & Exit Strategies. This unique property caters to multiple high-yield real estate strategies: The Premier Owner-Occupant: Live luxuriously in the second-floor loft with its private balcony, while five separate streams of high-end passive rental income completely offset your expenses. The Condo-Conversion Play: With high tenant demand for premium finished units, the building presents an exceptional opportunity to split the asset into individual luxury condominiums for an immediate, highly profitable exit strategy. The Long-Term Portfolio Anchor: As a turnkey, low-maintenance asset generating premium market rents in a globally recognized historic destination. .
Location
State LA
County Orleans
Interior
Heating Central, Ductless, Wall Furnace
Cooling Central Air, Ductless, Wall Unit(s)
Fireplace No
Laundry In Unit
Exterior
Exterior Feature Balcony, Courtyard, Fence
Parking Features None
Pool None
Water Access Desc Public
Roof Type Slate
Porch Balcony
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Creole, French Provincial
Level or Stories Two
Construction Status Excellent
Others
Tax ID F-78
Special Listing Condition None
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