Refine Search

1201 05 St Philip Street, New Orleans, LA 70116

$499,000
  • 1201 05 St Philip Street, New Orleans, LA 70116 Main Photo

45 Total Photos [Click to View All]

New to the Market Active
BEDS6 BATHS6 full SQUARE FEET4,488 MLS#2561203
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

A RARE AND EXTRAORDINARY HISTORIC COMPOUND OFFERING IN THE HEART OF TREME!<br><br> This remarkable and truly irreplaceable opportunity includes TWO SEPARATE BUILDINGS ~ ON TWO SEPARATE LOTS OF RECORD, all being offered together for the singular price of just $499,000.<br><br> Prominently positioned at the highly visible corner of St. Philip Street and Henriette Delille Street, this exceptional offering consists of the historic Creole Cottage at 1201 St. Philip Street AND the neighboring 2 Story Mansion with an attached dependency unit at 1205 St. Philip Street. Together, these architecturally significant buildings represent more than 160+ years of New Orleans history, character, craftsmanship, and Authentic NOLA Charm.<br><br> The iconic Creole Cottage at 1201 St. Philip Street features two separate residential units, including (1) 2 bedroom, 2 bath unit and (1) 2 bedroom, 1 bath unit. The neighboring building at 1205 St. Philip Street offers three additional residential units, including (2) separate 2 bedroom, 1 bath units and (1) 1 bedroom, 1 bath unit.<br><br> Combined, these two historic structures encompass approximately 4,384 square feet of living area, creating an extraordinary value at approximately $111 per square foot. Opportunities offering this combination of scale, location, architectural significance, and future potential are exceptionally rare and increasingly difficult to find in today's marketplace.<br><br> Located directly across from Louis Armstrong Park and world famous Congo Square, and only two blocks lakeside of N. Rampart Street from the Historic French Quarter, this premier location places you at the epicenter of New Orleans culture, music, dining, entertainment, festivals, and history. The surrounding neighborhood continues to attract preservationists, developers, investors, artists, and homeowners seeking authentic historic properties within one of the city's most celebrated and culturally significant districts.<br><br> THIS IS A RESTORATION AND RENOVATION OPPORTUNITY.<br><br> The property is part of a succession, and the seller will NOT make any repairs. This is your opportunity to bring vision, creativity, and passion to a project capable of becoming something truly extraordinary.<br><br> Whether your goal is to create a spectacular Historic Family Estate, a Multi Generational Compound, a Boutique Hospitality Concept, an Income Producing Investment Property, or a One Of A Kind Historic Showcase Property, the possibilities here are truly limitless.<br><br> Opportunities of this magnitude, in this location, at this price point, simply do not come along often.<br><br> NOTHING LIKE THIS ON THE MARKET!!!<br><br> THIS IS A ONCE IN A LIFETIME OPPORTUNITY.<br><br> DO NOT MISS THIS ONE!!!!

1201 05 St Philip Street | MLS# 2561203

This multi-family property located at 1201 05 St Philip Street, New Orleans, LA 70116 is currently listed for sale with an asking price of $499,000. Search New Orleans real estate on www.wurthre.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Window Unit(s)
Fenced: Yes
Heating: Central, Window Unit
Home Style: Quadruplex, Traditional
Lot Size: 51 x 75
Roof Type: Shingle
Stories: 3.0

Amenities

Balcony
Courtyard
Fence
Patio

Feature Descriptions

Days on Site: 5
Exterior: Brick, Concrete, Wood Siding
Lot: City Lot, Rectangular Lot
Lot Dimensions: 51 x 75
Parking: None
Patio/Porch: Balcony, Patio
Property Condition: Average Condition, Resale
Sewer: Public Sewer
Units: 4
Water: Public

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty New Orleans
Agency Phone: (504) 862-0100

Shown By

Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,256.10 per month $1,110.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.54 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel