Description
LOWER GARDEN DISTRICT GREEK REVIVAL — FULLY LEASED, HIGH-INCOME SHOWSTOPPER
Turnkey and effortlessly elegant, this beautifully maintained property delivers both charm and CASH FLOW. Featuring 11 bedrooms, 4 full baths, and 4 half baths, the residence is thoughtfully configured into four spacious, townhome-style units—each offering 1,229 sq ft of well-designed living space and generating a STRONG $7900/MO in income. Rich with timeless New Orleans character, including hardwood floors, original brick fireplaces & mantels.
Each unit lives like a private home, with a highly desirable layout: kitchen, living area, main-level bedroom, and half bath downstairs, plus two large, independent bedrooms, full bath, and in-unit laundry—NO WALK THRU BEDROOMS!
Residents enjoy private outdoor living with inviting front porches and treetop balconies for front units, and charming fenced brick patios with upper porches for rear residences—wonderful for soaking in that classic New Orleans ambiance.
Investor-friendly features include:
CENTRAL HVAC,
FOUR SEPARATE WATER/GAS/ELECTRIC METERS — owner pays only taxes & insurance,
Post-Ida roof,
Updated kitchens with granite countertops, stainless steel appliances & dishwashers,
Full-size washer & dryer in every unit.
Location is everything: just 1.5 blocks to St. Charles Avenue (Mardi Gras parades!), 1 block to Magazine Street for premier dining, shopping, and nightlife, and only a 10-minute streetcar ride to the French Quarter. Surrounded by upscale neighbors like the Garden District Hotel & BlackBird Hotel.
Exceptional investment opportunity with immediate income and future upside—potential condo conversion for resale.
Marketing packet with floor plan, rental specifics, etc- please inquire.
