1 bedroom house for sale
New Orleans LA 70116
- Property Type
- House
- Price
- $2,350,000
- Beds
- 1
- Baths
- 1
Overview
Built in 1827, This is one of the five buildings with entresol levels constructed for Louis McCarthy and designed by the French Architect, Louis H. Pilie. Adjoined to the rear of the Lower Pontalba, often cited as the oldest apartment buildings in the country, 522 Madison is located at the center of the Historical French Quarter and just a few minutes walk to St. Louis Cathedral, Cafe Du Monde and numerous restaurants, bars, and museums. Located in the National Register District of the French Quarter, 522 Madison is eligible for National Registry Status. 522 Madison is an excellent opportunity for re-development utilizing State and Federal Historic Tax Credits or condominium conversion. Consisting of 10 1bd/1ba units, elevator, and laundry room, spread across two buildings that are separated by a common area courtyard; three (3) of the leases are currently month to month. The property also features a penthouse on the top level with exceptional rooftop views of the Mississippi River, the New Orleans skyline, and the vibrant French Quarter. Currently vacant, it is ready to be used as the new owner's personal retreat or as a unique draw for a potential tenant. Rents are currently below market creating an excellent opportunity for immediate value-add. To access the FINANCIALS (rent roll, income, expense, etc.), please click Offering Memorandum below. From there, youll be redirected to our website, able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you dont already have an account, you can create one for free.
Details
- Beds: 1
- Baths: 1
- Price: $2,350,000
- Reference No.: 68201924
- Area: 7,260 sqft
Location
New Orleans LA 70116
1 bedroom house for saleRelated Properties
Disclaimer
2024-04-08, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-08, Viewed 0 times.
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