1610 FRENCHMEN Street

New Orleans, LA
  • Property Type: Multifamily
  • 3,644 sqft

$689,000

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
Sub Type:
Multifamily

Ask Us for more information