šŸ  837-839 JACKSON Avenue, New Orleans, LA, 70130 MLS Sale Listing

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$2,450,000
55 Days On Site

837-839 JACKSON Avenue
New Orleans, LA 70130

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
5,441
SqFt
$450
/SqFt
1860
Built
County:
Orleans
Call Now: (504) 517-6533
Is this the listing for you? We can help make it yours.
(504) 517-6533
837-839 JACKSON Avenue837-839 JACKSON Avenue837-839 JACKSON Avenue837-839 JACKSON Avenue
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Monthly Payment (Est.)

$11,178
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UNICORN INVESTMENT OPPORTUNITY! This outstanding building has FOUR TRANSFERABLE Commercial short term rental permits. The building underwent a full scale renovation in 2015. Each unit is two bedrooms, 2.5 baths (many are ensuite baths) walk in closets for days. The upper units have soaring ceilings and all units have tons of natural light. Every unit comes fully furnished with professional property management in place, many repeat guests, high star ratings across multiple short term rental platforms- a highly sought after vacation rental accommodation. The units were designed to complement but not compete with each other leading to high booking rates. The building as a whole is permitted to sleep 16 with room to spare, each unit sleeps 4. Steps from Magazine St, the location is outstanding for locals and tourists alike. This building is made for high returns (10% CAP rate), can be short term rented full time, or turn one unit into an owners unit- or both! Imagine having a place to come and go from steps from fabulous restaurants and shopping, and it produces income while you are not using it! Best of both worlds. The building grosses approximately $300,000 a year and growing. STR lending recommendations available. This is a special opportunity for an investor- special building, in a special location that doesn't come along often. Certainly not one to be missed! Links to rental units can be provided upon request. Agent is related to sellers and property management company. Zoned Hu-B1A This one will move quickly, don't sleep on this great investment opportunity.

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Listing Snapshot
PriceĀ 
$2,450,000
Days On SiteĀ 
55 Days
BedroomsĀ 
N/A
Inside Area (SqFt)Ā 
5,441 sqft
Total BathsĀ 
N/A
Full BathsĀ 
N/A
Partial BathsĀ 
N/A
Lot SizeĀ 
0.0926 Acres
Year BuiltĀ 
1860
MLSĀ® NumberĀ 
2498621
StatusĀ 
Active
Property TaxĀ 
N/A
HOA/Condo/Coop FeesĀ 
N/A
Sq Ft SourceĀ 
Appraiser
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLSĀ®
General Features
AcresĀ 
0.0926
Number Of StoriesĀ 
2
ParkingĀ 
None
SewerĀ 
Public Sewer
SqFt TotalĀ 
5441
StoriesĀ 
Two
Water SourceĀ 
Public
ZoningĀ 
HU-B!A
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Exterior Features
Construction DetailsĀ 
Brick
Lot FeaturesĀ 
City Lot
Listing courtesy of LaNasa Realty, Inc

Copyright Ā© 2017-present, New Orleans Metropolitan Association of REALTORSĀ®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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