1517 CRETE Street, New Orleans, Louisiana, 70119
$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
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