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1610 Frenchmen Street, New Orleans, LA 70116

$689,000
  • 1610 Frenchmen Street, New Orleans, LA 70116 Main Photo

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Active
BEDS10 BATHS4 full SQUARE FEET3,644 MLS#2540862
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

1610 Frenchmen Street is a rare opportunity to acquire a fully licensed short term rental complex in the heart of the New Marigny/7th Ward Historic District. The property includes four units, two fully licensed commercial STR's upstairs, and two residential rentals downstairs. The Commercial Short Term Rental Licenses are fully transferable. Building is currently generating $110K/year in revenue with room for growth. The property was fully renovated down to the studs in 2018 and had a new roof added in 2024. A true gem with amazing curb appeal that also provides modern amenities with historic charm. Completely fenced in, long driveway, and a beautiful backyard. Great location, very walkable, and lots of development happening around it. Take advantage of this opportunity with this established asset to step into the STR space. Owner/Agent

1610 Frenchmen Street | MLS# 2540862

This multi-family property located at 1610 Frenchmen Street, New Orleans, LA 70116 is currently listed for sale with an asking price of $689,000. Search New Orleans real estate on www.wurthre.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Quadruplex, Craftsman
Lot Size: 0.13 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0

Amenities

Fence
Sprinkler/Irrigation

Feature Descriptions

Days on Site: 46
Exterior: Hardboard, Wood Siding
Laundry: In Unit
Lot: City Lot, Rectangular Lot
Lot Dimensions: 42 X 127
Parking: Off Street, Three or more Spaces
Property Condition: Excellent
Sewer: Public Sewer
Units: 4
Water: Public

Listed By / Shown By

Listed By

Agency Name: Upper Management Realty, LLC
Agency Phone: (504) 895-1241

Shown By

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

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Estimated Payment

$ 1,734.37 per month $1,533.42 Principal & Interest $0.00 Property Tax (data not provided by mls) $200.96 Homeowner's Insurance

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