Remarks
**New Price** LOWER GARDEN DISTRICT GREEK REVIVAL -- FULLY LEASED, HIGH-INCOME SHOWSTOPPER Effortlessly elegant, this beautiful property delivers both charm and CASH FLOW. Featuring 11 bedrooms, 4 full baths, and 4 half baths, the residence is thoughtfully configured into four spacious, townhome-style units--each offering 1,229 sq ft of well-designed living space and generating a STRONG $7900/MO in income. Rich with timeless New Orleans character, including hardwood floors, original brick fireplaces & mantels. Each unit lives like a private home, with a highly desirable layout: kitchen, living area, main-level bedroom, and half bath downstairs, plus two large, independent bedrooms, full bath, and in-unit laundry--NO WALK THRU BEDROOMS! Residents enjoy private outdoor living with inviting front porches and treetop balconies for front units, and charming fenced brick patios with upper porches for rear residences--wonderful for soaking in that classic New Orleans ambiance. Investor-friendly features include: CENTRAL HVAC, FOUR SEPARATE WATER/GAS/ELECTRIC METERS -- owner pays only taxes & insurance, Post-Ida roof, Updated kitchens with granite countertops, stainless steel appliances & dishwashers, Full-size washer & dryer in every unit. Location is everything: just 1.5 blocks to St. Charles Avenue (Mardi Gras parades!), 1 block to Magazine Street for premier dining, shopping, and nightlife, and only a 10-minute streetcar ride to the French Quarter. Surrounded by upscale neighbors like the Garden District Hotel & BlackBird Hotel. Exceptional investment opportunity with immediate income and future upside--potential condo conversion for resale. Marketing packet with floor plan, rental specifics, etc- please inquire.
Details
- Listing ID:
- NO2539354
- Parish
- Orleans
- Assessment
- 1415-TERPSICHOREST
- Legal Desc
- 1. SQ 193 TERPSICHORE ST 2. LOT 10 38.2X127.9 2/STY 3. 4 APTS 1415 TERPSICHORE ST & 1415 TERPSICHORE ST B
- Parking:
- No Parking
Interior
- Cooling
- Central Air
- Heating
- Central
- Lot Dimensions
- 38.2 x 127.9
Exterior
- Construction
- Wood
- Roof
- Composition
Location
- Directions
- Saint Charles towards Quarter, Right on Terpsichore, 2 blocks down on left Bounding Streets: Prytania, Camp, Melpomene, Terpsichore
- Parish
- Orleans