2320 BURGUNDY Street

New Orleans, LA

Property Type: Multifamily
3,975 sqft

$995,000

Details
Location

Remarks

Current Monthly Rent $6,200/month, once the last unit is leased the new monthly rent will be $8,575. Newly constructed behind its preserved historic front facade, offers a rare investment opportunity to acquire a four-plex on Burgundy Street. This is a standout investment opportunity in the heart of the Marigny, one of New Orleans' most sought-after and culturally rich neighborhoods. Thoughtfully updated while preserving its timeless Creole character, this two-story property blends classic New Orleans architecture with clean, modern interiors that today's renters and buyers demand. Each unit has been carefully finished with contemporary flooring, updated kitchens featuring stainless steel appliances, fresh cabinetry, and bright, open living spaces designed to maximize comfort and livability. Period details throughout the property pay homage to the building's historic roots, giving each residence a unique sense of character that new construction simply cannot replicate. Spanning four units across a generous lot, this property presents an ideal turnkey income-producing opportunity or the perfect setup for an owner-occupant. Live in one unit while the others generate income. Additional highlights include off-street parking, outdoor space, and classic Creole balconies that complete the quintessential New Orleans experience. Situated just steps from Frenchmen Street's legendary live music scene, the St. Claude Arts Corridor, neighborhood cafes, and some of the city's best restaurants, 2320 Burgundy Street places you in the center of where New Orleans is most vibrant and alive. All information contained herein is deemed to be accurate but not guaranteed and should be independently verified by buyers and their representatives.