723 KERLEREC ST Active

New Orleans,LA 70116

$ 999995

5 Beds

5 Baths

3729 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,729 sqft

Price per Sqft $268

Subdivision Not A Subdivision

MLS Listing ID 2478991

Style Cottage

Bedrooms 5

Full Baths 4

Half Baths 2

Year Built 1868

Lot Size 1.000 Acres

Property Description

Rare, beautiful, historic, early creole cottage/ 4-plex, nestled amid the most coveted block of Kerlerec Street, in the meticulously preserved, Marigny neighborhood. Historical details abound in this lovely property…soaring ceilings, pocket doors, hard wood floors, expansive/landscaped courtyard, mantles/fireplaces, to name a few! This gem of a property offers all…beauty, prime LOCATION (just a short stroll to the French Quarter), and income producing with multiple options for use…reside in the spacious, gorgeous, Owner's unit with generous cash flow from three, income producing properties OR enjoy the many financial benefits of the property as a total investment with $8K-$9K, monthly income from all 4 units. Healthy income is achievable in a variety of ways: corporate rentals (current use), furnished long term rental or unfurnished long-term rentals. Each unit of the property is uniquely and tastefully decorated with its own personality and every detail addressed. Total turnkey! Property is being sold completely furnished, all art and accessories to remain to ensure continued, uninterrupted success after purchase. Do not miss the opportunity to live in and own a slice of history without compromising charm and luxury!

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Laundry Laundry Room

Exterior

Exterior Feature Courtyard,Fence,Porch,Patio

Parking Features None

Pool None

Roof Type Asphalt,Shingle

Building

Lot Description 1 to 5 Acres,City Lot

Foundation Raised

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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