New Orleans, LA 70130,1525 27 MELPOMENE ST
New Orleans, LA 70130,1525 27 MELPOMENE ST
New Orleans, LA 70130,1525 27 MELPOMENE ST
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$1,030,000
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5 BD
3 BA
3,240 SqFt
Active

1525 27 MELPOMENE ST New Orleans, LA 70130

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UPDATED:

01/11/2025 10:45 PM

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

Construction Status Excellent

HOA Y/N No

Year Built 1920

Lot Size 3,929 Sqft

Acres 0.0902

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

Fireplace No

Laundry In Unit

Exterior

Exterior Feature Courtyard, Fence, Porch

Parking Features Driveway, Three or more Spaces

Pool None

Water Access Desc Public

Roof Type Asphalt

Porch Porch

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories Two

Construction Status Excellent

Others

Tax ID 101105316

Security Features Closed Circuit Camera(s)

Special Listing Condition None


Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by CBTEC MAGAZINE

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agent

Karen Cantrelle

Broker | License ID: 0995687977

+1(504) 723-8715

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1525 27 MELPOMENE ST