818 BOURBON Street

New Orleans, LA
  • Property Type: Multifamily
  • 6,214 sqft

$3,500,000

Remarks

818 Bourbon Street offers a rare opportunity to acquire a luxury French Quarter condominium portfolio on the iconic 800 block of Bourbon Street. The property consists of eight legal condominium residences featuring modern interiors, updated kitchens and baths, in-unit washer/dryers, and a new slate roof. Unit mix includes courtyard-facing residences and the signature Unit 2A with a coveted second-floor Bourbon Street balcony. Approximately $1,000,000 has been invested in renovations and condominium conversion. Currently generating over $17,000 per month in rental income, the property offers flexibility for owner-occupancy, investment hold, or future individual unit sales. Features include: * 8 legal condominium units * Shared courtyard * Bourbon Street balcony unit * In-unit washer/dryers * Contemporary kitchens * Luxury bath finishes * New slate roof Seller owns seven condominium units and retains the seller's interest in an existing Bond for Deed agreement affecting Unit 2C. Details available upon request.


Details

Listing ID:
NO2558863
Parish
Orleans
Assessment
58
Legal Desc
1. SQ 58 LOT 18 BOURBON ST 2. 32X127 3. 818 BOURBON ST
Parking:
No Parking

Interior

Cooling
Central Air, Wall Units
Heating
Central, Wall Units
Lot Dimensions
32x127

Exterior

Construction
Stucco, Brick
Roof
Slate

Location

Directions
Bounding Streets: Dumaine and St Ann
Parish
Orleans
Sub Type:
Multifamily

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