2001 LAHARPE Street, New Orleans, Louisiana, 70116
$740,000
5,157 Sqft
0.16 Acres
9 bd
6 ba
#2561419
This stunning, fully renovated 5-unit multi-family property is a rare investment opportunity in Esplanade Ridge, one of New Orleans’ most desirable neighborhoods. Situated on a high topographical ridge, the property is just steps from Esplanade Avenue and a short walk to Jazz Fest, Pagoda Cafe, and the best of Mid-City and the Marigny.Originally built in 1855 and substantially renovated in 2015–2016, the property sits in Flood Zone X (minimal flood risk) and includes a detached one-car garage. It consists of two structures on a spacious 7,682 sq ft corner lot:The main house at 2001 Laharpe Street / 1549 N. Johnson Street (4 units, 5,157 sq ft)A charming detached 1-bedroom/1-bath cottage at 2007 Laharpe St., Apt. Lower historically a “summer kitchen” outbuilding, now a fully renovated standalone unitFour units are currently occupied and generating $5,600/month ($67,200 annually). The 3BD/2BA unit at 1549 N. Johnson is intentionally vacant and priced at $1,750/month, giving the new owner flexibility to occupy or lease it. With all five units leased at market rate, the pro-forma gross revenue reaches $88,200 annually.The renovation delivers contemporary living with modern kitchens, updated bathrooms, and high-quality finishes that respect the building’s historic roots while offering turnkey appeal for today’s tenants. All data is provided as-is and assumed accurate; however, Buyer and Buyer’s Agent must independently confirm all information.
PROPERTY FEATURES
- Utilities : Natural Gas Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Total: 1
- Garage on Property:
- Patio And Porch Features : Porch
- Architectural Style : Creole Cottage
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Central
- Construction Materials: HardiPlank Type
- Laundry Features : Electric Dryer Hookup, In Unit
- Green Energy Efficient : Appliances, Insulation
PROPERTY DETAILS
ID: 2561419
Status: Pending Sale
Price: $740,000
Acres: 0.16 Acres
Price Per Acre: $4,625,000
Type: Multi-family
Address: 2001 LAHARPE Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70116
Lat/Long: 29.974571, -90.069931
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