5 Bedroom Victorian

Hospitality for Sale
Catylist Listing ID: 30868923
Property Subtypes: Bed & Breakfast
Number of Units: 2 Units
Building Size (RSF): 3,274 SF
Gross Building Area: See Agent
Sale Price: $705,000
Unit Price: $352,500 Per Unit
Ceiling: 14 ft.
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2024

Overview / Comments

Stunning Victorian on Canal Street! Welcome to the epitome of timeless elegance. This magnificent 3plex residence boasts 4-5 bedrooms and 4 baths within the main house, as well as a newly-renovated studio in the rear, making it a versatile and distinctive property. Upon arrival, you'll be greeted by the convenience of off-street gated parking, ensuring your peace of mind and easy access to your home. As you step inside, you'll immediately be captivated by the home's rich history and charm. The property exudes a classic Victorian ambiance, showcasing original features such as wood and vintage tile floors, and tall ceilings that give a sense of grandeur. The exterior of this home is equally impressive, with a front courtyard that provides a serene oasis, for enjoying the outdoors in privacy. Additionally, a large covered porch downstairs and a balcony upstairs offer excellent spots to unwind and soak in the surroundings. The main house has separate entrances for its two units, allowing for flexible living arrangements or the option to maintain distinct spaces. A unique interior secret door connects the units, adding a touch of intrigue and convenience. Location-wise, this property couldn't be more desirable. Situated on the streetcar line, you'll have access to City Park, renowned restaurants, shopping districts, and vibrant entertainment options, making it a hub of activity and culture. Furthermore, this property is thoughtfully zoned HU-RD2, providing potential opportunities for various uses and future development options. Sellers have run a very successful STR since 2018. Buyer must verify future STR requirement to determine future use.

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Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: MidCity/City Park
Tax ID/APN: 206209809
Zoning: HU-RD2
Retail Clientele: Family, Traveler, Tourist, Convention
Property Located Between: Carrollton and City Park Ave.
Property Visibility: Excellent
Largest Nearby Street: Canal
Feet of Frontage: 32
Highway Access: Less than 1 mile to I-10
Airports: MSY
Site Description: This magnificent 3plex residence boasts 4-5 bedrooms and 4 baths within the main house, as well as a newly-renovated studio in the rear.
Total Number of Buildings: 2
Number of Stories: 2
Roof Type: Arched
Construction/Siding: Wood Siding
Average Occupancy Rate: 100
Exterior Description: Victorian
Total Parking Spaces: 2
Parking Type: Surface
Parking Description: Between buildings
Laundry: Shared
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: The property exudes a classic Victorian ambiance, showcasing original features such as wood and vintage tile floors, and tall ceilings that give a sense of grandeur. The exterior of this home is equally impressive, with a front courtyard that provides a serene oasis, for enjoying the outdoors in privacy. Additionally, a large covered porch downstairs and a balcony upstairs offer excellent spots to unwind and soak in the surroundings.
Zoning Description: HU-RD2
Lot Frontage: 32
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SQ 597 LOT 10 CANAL AND N MURAT 32X120

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,883 182,255 366,529
Median Age: 34.07 37.14 37.52
Households: 9,807 78,883 159,632

Contact

Photograph of Listing Agent

ED Shedlock

French Quarter Realty New Orleans, LA 70116
LACDB Member
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