1517 CRETE Street, New Orleans, Louisiana, 70119

Listed by Freret Realty, Carla Jewell
$649,000
3,280 Sqft
4 bd
4 ba
#2556856
ASSUMABLE 3.25% FHA Mortgage — Ask for Details. Charming historic fourplex in Esplanade Ridge, just 2 blocks from Jazz Fest. New roof 2022, X Flood Zone, new electrical, fresh paint, and updated window units throughout. Three units tenant-occupied with strong rental history generating approximately $4,300/month. Sale includes both furnished lower units, with furniture conveying to the Buyer. One lower unit operates as a midterm rental with strong STR history. Large backyard with room to add a guest cottage or carriage house for a 5th income stream. Off-street parking. Flexible layout allows conversion to a double or triplex for a large owner’s unit. Historic details preserved throughout with classic charm and modern updates. Minutes from Bayou St. John, NOMA, and some of the city’s best restaurants and coffee shops.**Qualified buyers may assume existing 3.25% FHA mortgage. 26 years remaining.Don’t miss this unique opportunity in one of New Orleans’ most vibrant neighborhoods!All showings require 24 hours notice.

PROPERTY FEATURES

  • Utilities : Natural Gas Available
  • Water Source : Public
  • Parking Features: Driveway, Off Street
  • Parking Total: 1
  • Exterior Features : Permeable Paving
  • Patio And Porch Features : Porch
  • Architectural Style : Craftsman
  • Cooling on Property:
  • Cooling: Central Air
  • Heating on Property:
  • Heating : Central
  • Construction Materials: HardiPlank Type, Stucco, Wood Siding
PROPERTY DETAILS
ID: 2556856
Status: Pending Sale
Price: $649,000
Type: Multi-family
Address: 1517 CRETE Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70119
Lat/Long: 29.978539, -90.079134
Presented By: Carla Jewell
Phone:
Email: Click to Contact