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Listed byBridgewater Realty Advisors • Bryce A Danna-Marullo • 504-901-0463
$ 899,000
Est. payment /mo
Active
1039 MARAIS ST New Orleans, LA 70116
9 Beds
6 Baths
4,460 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Multifamily 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,460 sqft
Price per Sqft $201
MLS Listing ID 2579039
Style Traditional
Bedrooms 9
Full Baths 6
HOA Y/N No
Year Built 1978
Acres 0.08
Lot Dimensions 30x112
Property Sub-Type Multifamily 5+
Source ROAM MLS
Land Area 4460
Property Description
1039 Marais Street presents a rare opportunity to acquire a historic six-unit multifamily property in the heart of New Orleans' Tremé neighborhood. Originally built in 1919 and renovated in 2019, the property contains approximately 4,460 gross square feet and sits on a 30' x 112' corner lot within the New Orleans Historic District Landmarks Commission Tremé district.The unit mix includes three two-bedroom units and three one-bedroom units, combining historic New Orleans character with an exceptional location just steps from the French Quarter and some of the city's most iconic cultural destinations. In-place rents provide an opportunity for future upside through lease-up and rental growth.With strong existing cash flow, a desirable boutique scale, and meaningful value-add potential, 1039 Marais Street offers investors a compelling opportunity to own a historic multifamily asset in one of New Orleans' most distinctive neighborhoods.All information herein is deemed reliable but not guaranteed. Buyer and buyers agents must independently verify all information prior to closing.
Location
State LA
County Orleans
Area 0.08
Interior
Cooling Central Air
Fireplace No
Exterior
Parking Features None
Utilities Available Natural Gas Available
Garage No
Building
Lot Description Other
Foundation Slab
Water Public
Architectural Style Traditional
New Construction No
Others
Tax ID 208103907
Virtual Tour https://www.propertypanorama.com/instaview/roam/2579039


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