1525 27 MELPOMENE ST Active Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70130
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $317
Subdivision Not A Subdivision
MLS Listing ID 2479423
Style Colonial
Bedrooms 5
Full Baths 2
Half Baths 2
Year Built 1920
Lot Size 3,929 Sqft
Property Description
Welcome to an extraordinary estate nestled amidst the enchanting beauty of the historic Garden District. Just steps from vibrant parade routes, charming streetcars, and the pulse of downtown nightlife, this income-producing gem offers an unparalleled fusion of elegance and opportunity.
This majestic double, steeped in architectural brilliance, spans nearly 1,700 square feet on each side, exuding both charm and sophistication. Vaulted ceilings create an airy grandeur, while expansive bedrooms provide a serene retreat. Every corner of this property has been lovingly updated, boasting high-end appliances, modern conveniences, and a state-of-the-art security system complete with cameras for your peace of mind.
Step outside to discover meticulously designed outdoor entertaining areas, perfect for hosting under the stars or enjoying quiet moments surrounded by lush greenery. With off-street parking for three vehicles, you'll enjoy both convenience and a touch of luxury.
Imagine the freedom of owning mortgage-free, as this property's proven short-term rental income potential soars. With $140,000 in rental income for 2022 and $160,000 for 2023, this estate is not just a home—it's an investment in your future.
Situated in coveted Flood Zone X, flood insurance is not required, offering yet another layer of security and ease.
This is more than a residence; it's an invitation to a lifestyle rich in culture, history, and prosperity. Don't miss your chance to own a piece of New Orleans' magic. Your dream estate awaits!
Location
State LA
County Orleans
Interior
Heating Central,Gas
Cooling Central Air
Laundry In Unit
Exterior
Exterior Feature Courtyard,Fence,Porch
Parking Features Driveway,Three or more Spaces
Pool None
Roof Type Asphalt
Building
Lot Description City Lot,Rectangular Lot
Foundation Raised
Sewer Public Sewer
Water Public
Others
Special Listing Condition None