1610 FRENCHMEN Street, New Orleans, Louisiana, 70116
$649,000
3,644 Sqft
0.13 Acres
10 bd
4 ba
#2540862
1610 Frenchmen Street is a rare opportunity to acquire a fully licensed short term rental complex in the heart of the New Marigny/7th Ward Historic District. The property includes four units, two fully licensed commercial STR’s upstairs, and two residential rentals downstairs. The Commercial Short Term Rental Licenses are fully transferable. Building is currently generating $110K/year in revenue with room for growth.The property was fully renovated down to the studs in 2018 and had a new roof added in 2024. A true gem with amazing curb appeal that also provides modern amenities with historic charm. Completely fenced in, long driveway, and a beautiful backyard. Great location, very walkable, and lots of development happening around it. Take advantage of this opportunity with this established asset to step into the STR space. Owner/Agent
PROPERTY FEATURES
- Utilities : Natural Gas Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Off Street
- Parking Total: 3
- Waterfront on Property:
- Waterfront Features : Navigable Water
- Architectural Style : Craftsman
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Central
- Construction Materials: HardiPlank Type, Wood Siding
- Laundry Features : Electric Dryer Hookup, In Unit
- Green Energy Efficient : Insulation, Water Heater
PROPERTY DETAILS
ID: 2540862
Status: Active
Price: $649,000
Acres: 0.13 Acres
Price Per Acre: $5,192,000
Type: Multi-family
Address: 1610 FRENCHMEN Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70116
Lat/Long: 29.973832, -90.058823
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