427 ESPLANADE Avenue, New Orleans, Louisiana, 70116
$359,000
682 Sqft
2 bd
2 ba
#2578945
RARE HOTEL-LICENSED INVESTMENT OPPORTUNITY in the Marigny Triangle across the street from the Historic French Quarter! One of only seven units in the building, this fully furnished, turnkey condo operates as a short-term rental with a HOTEL LICENSE IN PLACE, allowing for nightly rentals in one of New Orleans’ most sought-after visitor destinations.Ideally positioned where the French Quarter meets Frenchmen Street and the Mississippi Riverfront, the property is directly across Esplanade Avenue from the New Orleans Jazz Museum at the Old U.S. Mint and just one block from Crescent Park. Guests can walk to world-class dining, live music, nightlife, the French Quarter, Frenchmen Street and the riverfront.The two-level floor plan features two bedrooms and two full bathrooms, exposed brick walls, hardwood floors, a kitchen with stone countertops and stainless-steel appliances, programmable coded entry, and a full-size washer and dryer.Offered FULLY FURNISHED AND TURNKEY with the ability to rent nightly and an exclusive in-house booking service through BookNOLA. A compelling opportunity for an investor seeking an established hospitality property with the licensing, furnishings and infrastructure already in place—all in a premier New Orleans location.
PROPERTY FEATURES
- Total Rooms: 2
- Utilities : Natural Gas Not Available
- Water Source : Public
- Sewer : Public Sewer
- HOA : Yes
- Association Fee : 1024
- Structure Type : Multi Family
- Cooling on Property:
- Cooling: Ceiling Fan(s), Multi Units, Wall Unit(s), Ductless
- Heating on Property:
- Heating : Ductless
- Construction Materials: Brick
- Levels: Two
- Interior Features: Stone Counters
- Appliances : Dryer, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range, Oven
- Laundry Features : Electric Dryer Hookup
PROPERTY DETAILS
ID: 2578945
Status: Active
Price: $359,000
Type: Condo/ Townhome/ Apartment
Address: 427 ESPLANADE Avenue
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70116
Lat/Long: 29.961881, -90.057145
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