311 EXCHANGE Place, New Orleans, Louisiana, 70130
$2,250,000
5,857 Sqft
0.05 Acres
#2523852
100% Leased & Renovated, $16,750 per month gross rent, Mixed-Use building. 311 Exchange Place offers the opportunity to own the "Edgar Degas House" a fully renovated historic property with a mix of residential and commercial space in the heart of the French Quarter. Featuring 5,857 square feet across multiple units, this asset combines irreplaceable French Quarter architecture with extensive modern upgrades including a new elevator and renovated interiors. The building’s courtyard has been beautifully restored and its exterior proudly displays a commemorative plaque marking where Edgar Degas once painted, adding unique cultural value. Positioned on one of the Quarter’s most desirable pedestrian corridors, this property benefits from strong year-round foot traffic and limited competing inventory making it an exceptional investment for long-term income and appreciation. Two ground floor commercial spaces and four spacious 2 bedroom, 1 bath apartments altogether. Seller financing available, 30 yr AM, 5-7 yr balloon, min. 20% down, rate negotiable.
PROPERTY FEATURES
- Utilities : Natural Gas Available
- Water Source : Public
- Sewer : Public Sewer
- Current Use : Mixed Use
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Central
- Construction Materials: Block, Brick, Stucco
- Roof: Flat
PROPERTY DETAILS
ID: 2523852
Status: Active
Price: $2,250,000
Acres: 0.05 Acres
Price Per Acre: $45,090,180
Type: Other
Address: 311 EXCHANGE Place
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70130
Lat/Long: 29.954869, -90.066993
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