1582 MAGAZINE ST New Orleans, LA 70130
4 Beds
3 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $997
MLS Listing ID 2579150
Style Other
Bedrooms 4
Full Baths 3
Construction Status Very Good Condition
HOA Y/N No
Year Built 2014
Property Sub-Type Detached
Property Description
The building was fully renovated in 2014, updated again in 2020, and re-roofed in 2022. It's in move-in-ready condition. HU-B1 zoning gives a buyer flexibility on commercial use.
The setup suits an investor looking for cash flow from day one, or an owner-occupant who wants to run a business downstairs and keep the STR income upstairs. The office tenants can be vacated at closing if needed.
**Furniture not included - can be sold separately**
Highlights:
- 5,856 SF building, two floors; two units
- Ground floor office/co-working (~3,800sf)
- Second floor licensed commercial STR (~2,000sf)
- Fully renovated in 2014; updated in 2020; new roof in 2022
- Zoned HU-B1
- Located in New Orleans Lower Garden District; Magazine St. frontage
- Strong cash flow for investors; office can be vacated for owner-occupant
Location
State LA
County Orleans
Interior
Interior Features Stainless Steel Appliances
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dryer, Dishwasher, Microwave, Oven, Refrigerator, Washer
Exterior
Exterior Feature Balcony, Courtyard, Sound System
Parking Features None
Water Access Desc Public
Roof Type Shingle
Porch Brick, Concrete, Balcony
Building
Lot Description Corner Lot, City Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID 1582-Magazinest
Security Features Closed Circuit Camera(s)
Special Listing Condition None
