Nicole Schultis
BEDS10
BATHS4 full
SQUARE FEET3,644
MLS#2540862
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
1610 Frenchmen Street is a rare opportunity to acquire a fully licensed short term rental complex in the heart of the New Marigny/7th Ward Historic District. The property includes four units, two fully licensed commercial STR's upstairs, and two residential rentals downstairs. The Commercial Short Term Rental Licenses are fully transferable. Building is currently generating $110K/year in revenue with room for growth. The property was fully renovated down to the studs in 2018 and had a new roof added in 2024. A true gem with amazing curb appeal that also provides modern amenities with historic charm. Completely fenced in, long driveway, and a beautiful backyard. Great location, very walkable, and lots of development happening around it. Take advantage of this opportunity with this established asset to step into the STR space. Owner/Agent
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Quadruplex, Craftsman
Lot Size: 0.13 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Amenities
Fence
Sprinkler/Irrigation
Feature Descriptions
Days on Site: 85
Exterior: Hardboard, Wood Siding
Laundry: In Unit
Lot: City Lot, Rectangular Lot
Lot Dimensions: 42 X 127
Parking: Off Street, Three or more Spaces
Property Condition: Excellent
Sewer: Public Sewer
Units: 4
Water: Public
Listed By / Shown By
Listed By
Agency Name: Upper Management Realty, LLC
Agency Phone: (504) 895-1241
Shown By
Agent Name: Nicole Schultis
Agent Phone: (504) 866-7000
Agency Title: Wurth Real Estate Services
Estimate Your Payment
Estimated Payment
$ 1,734.37 per month $1,533.42 Principal & Interest $0.00 Property Tax (data not provided by mls) $200.96 Homeowner's InsuranceChange Payment Information
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1610 Frenchmen Street | MLS# 2540862
This multi-family property located at 1610 Frenchmen Street, New Orleans, LA 70116 is currently listed for sale with an asking price of $689,000. Search New Orleans real estate on nicoleschultis.wurthre.com today.