2614 Banks Street, New Orleans, LA 70119

$475,000
  • 2614 Banks Street, New Orleans, LA 70119 Main Photo

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Active
BEDS5 BATHS2 full 1 partial SQUARE FEET1,627 MLS#2550563
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Excellent Mid-City investment opportunity on a lovely, oak-lined stretch of Banks Street. Located two blocks from the thriving and expanding BioDistrict New Orleans, one block from the new Trader Joe's, and minutes to Downtown and the French Quarter. This renovated 5-bedroom, 2.5-bath property is commercially zoned MU-1 and currently operates as a successful Commercial Short-Term Rental (CSTR), generating approximately $85,000 annually. An active, transferable CSTR permit is in place. Renovated three years ago, the home features new Hardie siding, recent foundation and pier work, durable and low maintenance vinyl plank flooring, and an inviting backyard complete with a hot tub and fire pit. Link to AirBnb listing: https://www.airbnb.com/rooms/1502298458211171176?viralityEntryPoint=1&s=76&source_impression_id=p3_1775841129_P3Wb8CrS5r8EUzwG&scroll_to_review=1632845323869448496

2614 Banks Street | MLS# 2550563

This single family home located at 2614 Banks Street, New Orleans, LA 70119 is currently listed for sale with an asking price of $475,000. This property was built in 1926 and has 5 bedrooms and 2 full and 1 partial baths with 1627 sq. ft. Search New Orleans real estate on www.wurthre.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Home Style: Traditional
Lot Size: 0.05 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1926

Amenities

Ceiling Fan(s)
Patio

Feature Descriptions

Appliances: Dishwasher, Microwave, Oven, Range,
Days on Site: 22
Exterior: HardiPlank Type
Fireplace: None
Lot: City Lot, Rectangular Lot
Lot Dimensions: 22x100
Parking: Driveway, Off Street, One Space
Patio/Porch: Oversized, Wood, Patio
Property Condition: Excellent
Security: Smoke Detector(s)
Sewer: Public Sewer
Spa: Yes
Water: Public

Listed By / Shown By

Listed By

Agency Name: Collab Realty, LLC
Agency Phone: (504) 920-2970

Shown By

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

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Estimated Payment

$ 1,195.69 per month $1,057.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $138.54 Homeowner's Insurance

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