2614 Banks Street, New Orleans, LA 70119

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

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Active
SQUARE FEET1,627 MLS#2552187
STATUSActive PROPERTY TYPECommercial - Business

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# 2552187

This commercial property located at 2614 Banks Street, New Orleans, LA 70119 is currently listed for sale with an asking price of $475,000. Search New Orleans real estate on www.wurthre.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.05 Acres
Stories: 2.0

Feature Descriptions

Days on Site: 21
Exterior: HardiPlank Type
Lot: City Lot, Rectangular Lot
Lot Dimensions: 22x100
Parking: Driveway, Off Street, One Space
Sewer: Public Sewer
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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