New Orleans, LA 70114,520 OPELOUSAS AVE
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New Orleans, LA 70114,520 OPELOUSAS AVE
New Orleans, LA 70114,520 OPELOUSAS AVE
New Orleans, LA 70114,520 OPELOUSAS AVE
New Orleans, LA 70114,520 OPELOUSAS AVE

$544,000

Est. payment /mo

$569,000

4.4%
Est.Price: ?

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520 OPELOUSAS AVE New Orleans, LA 70114

4 Beds

3 Baths

2,990 SqFt

SOLD DATE : 05/15/2024

Key Details

Sold Price $544,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,990 sqft

Price per Sqft $181

MLS Listing ID 2418943

Sold Date 05/15/24

Style Traditional,Historic/Antique

Bedrooms 4

Full Baths 3

Construction Status Updated/Remodeled,Very Good Condition,Resale

HOA Y/N No

Year Built 1918

Lot Size 1700.000 Acres

Acres 1700.0

Property Description

Unique investment opportunity nestled beneath the sprawling oak trees of picturesque Algiers Point! This versatile triplex boasts a longstanding history of success as a commercial short-term rental, offering three well-appointed, sun-drenched units. Soaring ceilings in the studio (would make a great commercial space) and an artistic, industrial aesthetic captures a unique charm that sets the tone for the entire property. Upstairs is a 1 bed/1 bath sanctuary with a bedroom looking out at the oaks and funky painted wood floors. The back of the property features a 2 bed/1 bath townhouse style layout featuring charming hardwood floors. A separate entrance leads to a spacious laundry room and storage area, completing the functionality of this triplex. These apartments have been thoughtfully curated and exude a positive, creative energy, making them suitable for owner occupancy, long-term rentals, short-term stays, or a combination of commercial space and rentals. Recent upgrades include a new roof installed in 2022 and individual mini-split systems in each unit. HU-MU Zoning and potential opportunity to acquire the commercial STR business associated with this property. Don't miss your chance to own this exceptional triplex in Algiers Point, a gem with boundless potential and undeniable charm.

Location

State LA

County Orleans

Interior

Heating Ductless, Wall Furnace

Cooling Ductless, Wall Unit(s)

Fireplace No

Laundry Laundry Room

Exterior

Parking Features None

Pool None

Water Access Desc Public

Roof Type Shingle

Building

Lot Description Corner Lot, City Lot, Rectangular Lot

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional, Historic/Antique

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Very Good Condition,Resale

Others

Tax ID 520-OPELOUSASAV

Security Features Closed Circuit Camera(s)

Financing Private

Special Listing Condition None

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Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by REVE, REALTORS
Bought with REVE, REALTORS
agent

Cody Stringer

Rêve | Realtor | License ID: 995684174

+1(504) 655-5577

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