Remarks
1610 Frenchmen Street is a rare opportunity to acquire a fully licensed short term rental complex in the heart of the New Marigny/7th Ward Historic District. The property includes four units, two fully licensed commercial STR's upstairs, and two residential rentals downstairs. The Commercial Short Term Rental Licenses are fully transferable. Building is currently generating $110K/year in revenue with room for growth. The property was fully renovated down to the studs in 2018 and had a new roof added in 2024. A true gem with amazing curb appeal that also provides modern amenities with historic charm. Completely fenced in, long driveway, and a beautiful backyard. Great location, very walkable, and lots of development happening around it. Take advantage of this opportunity with this established asset to step into the STR space. Owner/Agent
Details
- Listing ID:
- NO2540862
- Parish
- Orleans
- Assessment
- 37W107608
- Legal Desc
- 1. SQ 749 LOT 2 PT 3 2. 42 X 127 3. 1610-12 FRENCHMEN ST
Interior
- Cooling
- Central Air
- Heating
- Central
- Lot Dimensions
- 42 X 127
Exterior
- Construction
- Wood
- Lot Size Area
- 0.12 ac
- Roof
- Composition
Location
- Directions
- Head west on N. Claiborne Street and pass Elysian Fields then take a right turn heading north on Frenchmen Street and property is to the left. Bounding Streets: Frenchmen and Claiborne
- Parish
- Orleans