315 Decatur Street, New Orleans, Louisiana, 70130
$2,550,000
8,800 Sqft
0.07 Acres
#2506631
Significant price reduction! Money-maker in the heart of the French Quarter with VCE-1 zoning! This renovated building features 5 residential units and one commercial street-fronting unit: Two 2bed/2bath units; Two 1bed/1bath units; One 3bed/2.5bath unit and a 700sqft commercial unit with a half-bath currently occupied by a tour booking company. The large unit is multi-level between the first and second floors and includes an in-ground pool and charming courtyard. The three street-facing units include balconies overlooking the goings-on of the Quarter. All units have floor plans with independent bedrooms (no pass-through shotgun layouts), in-unit laundry, central HVAC, stainless steel appliances, hardwood floors and large closets. Property was fully renovated in 2016 and sits in the heart of all the action the French Quarter provides. Most recent gross rental amount with 100% occupancy was $19,600/month.
PROPERTY FEATURES
- Utilities : Natural Gas Not Available
- Water Source : Public
- Sewer : Public Sewer
- Current Use : Mixed Use
- Zoning : VCE-1
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Central
- Construction Materials: Brick, Stucco
- Roof: Rolled/Hot Mop, Flat
PROPERTY DETAILS
ID: 2506631
Status: Active
Price: $2,550,000
Acres: 0.07 Acres
Price Per Acre: $34,366,577
Type: Other
Address: 315 Decatur Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70130
Lat/Long: 29.95404, -90.065602
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