Prime REDEVELOPMENT opportunity for an INVESTOR or developer just two blocks from the St. Charles Avenue MARDI GRAS PARADE route—an iconic New Orleans location experiencing continued revitalization and strong demand for renovated properties. Situated in an area with a blend of HISTORIC single-family homes and multi-family residences, this property is ideally positioned for a high-end repositioning. Currently configured as a triplex with approximately 6 bedrooms (one unit on the first floor and two on the second, featuring a mix of independent and shotgun-style layouts), it offers MULTIPLE potential paths—restore as an upscale multi-family investment, CONVERT TO A SPACIOUS SINGLE-FAMILY RESIDENCE to sell or live in yourself, or explore alternative configurations such as a double or condominium regime (buyer to verify all zoning and use options). This is a full renovation project that would allow the reconfiguring the entire inside and is best suited for an experienced investor or developer seeking to create significant value in a prime location. Wear your VISION glasses and bring your contractor. This property brings REAL OPPORTUNITY. Property is vacant with no utilities on site; utilities will not be activated. Inherited property with limited available information; no seller disclosures. Cash or renovation financing needed. Exceptional opportunity to transform this property into a standout asset in the heart of New Orleans.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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