$385,000
$395,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
4,244 SqFt
SOLD DATE : 06/08/2024
Key Details
Sold Price $385,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,244 sqft
Price per Sqft $90
MLS Listing ID 2430157
Sold Date 06/08/24
Construction Status Fixer
HOA Y/N No
Year Built 1901
Lot Size 9,918 Sqft
Acres 0.2277
Property Description
RARE OPPORTUNITY ON THREE LOTS IN THE BYWATER PRICED TO MOVE! 2024 Orleans Assessment shows property value based on comps of $297,500 land and $272,500 structure. That is a total current market value of $570,000. At $395,000 purchase price, when you net out the assessed land value of $297,500 (for a rare 88'X115' TRIPLE lot!) it's only $97,500 for the building, which is under $23 per foot for this beautiful, historic 4,244 sf structure that has a 3-year-old ~$20k roof, antique wood floors, and “old growth” true dimension framing. Built to last. Zoned: HMC-2[Historic Marigny/Treme/Bywater Commercial District], Land Use: MUHC [Mixed Use, Historic Core]. Flood Zone X. It is recognized by the Historic District Landmarks Commission [HDLC] and is likely ELIGIBLE FOR TAX CREDITS.
Location
State LA
County Orleans
Zoning Multi
Interior
Fireplace No
Exterior
Parking Features Off Street, Parking Lot
Water Access Desc Public
Building
Lot Description City Lot, Oversized Lot
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Living Quarters
Construction Status Fixer
Others
Tax ID 39W206320
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Crown Jewel Realty LLC
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "