1427 ST MARY ST Pending Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70130
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 5,751 sqft
Price per Sqft $217
MLS Listing ID 2481930
Year Built 1862
Lot Size 7,679 Sqft
Property Description
Unique opportunity to acquire a breathtaking, 1860s Italianate Double-Gallery style compound located in the historic Lower Garden District. Set back from the street, this lushly landscaped property offers so many options. Currently configured as 6 units with a grand "owner's unit" featuring all of the wonderful historic details you'd expect -- moldings, medallions, mantles, wood floors, high ceilings, PLUS a private yard, porch and gated parking! The additional five units have a separate gated entrance, shared courtyard, and a common laundry facility. All units have central HVAC. Fully leased with rents totaling $9,850/mo. Seller financing may be an option depending on terms and buyer qualifications AND must have 25% or greater downpayment.
Location
State LA
County Orleans
Community Common Grounds/Area
Zoning HU-RD2
Exterior
Parking Features Driveway,Off Street,One Space
Community Features Common Grounds/Area
Building
Lot Description City Lot,Oversized Lot,Rectangular Lot
Dwelling Type Mixed Use
Sewer Public Sewer
Water Public
Others
Special Listing Condition None