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$1,299,000
37 Days On Site

1117-19 BOURBON Street
New Orleans, LA 70116

For Sale|Apartment|Active
7
Beds
6
Total Baths
6
Full Baths
3,753
SqFt
$346
/SqFt
1718
Built
County:
Orleans

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1117-19 BOURBON Street1117-19 BOURBON Street1117-19 BOURBON Street1117-19 BOURBON Street
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Rare investment opportunity to own an impeccably preserved piece of New Orleans history with massive financial versatility. Located in the quiet, coveted residential section of the vibrant French Quarter, this remarkable 6-unit multifamily property traces its origins back to 1718. As a testament to its enduring structural legacy, the estate famously survived both the Great New Orleans Fire of 1788 and 1794. The striking exterior boasts a highly coveted, architecturally significant Green rating with the Vieux Carré Commission, signifying its prime historical value. While the façade celebrates centuries of heritage, the interior offers absolute modern luxury. The building was completely gutted to the studs and meticulously renovate in 2016, outfitting every unit with designer finishes, premium quartz countertops, rich hardwood flooring, and modern appliances. Providing maximum tenant comfort, every single apartment features a full-sized kitchen and a private laundry. Beyond the private residences lies an enchanting outdoor sanctuary. Tenants enjoy access to a large shared brick courtyard, manicured landscaping and a tranquil water fountain. It serves as the ultimate French Quarter escape to relax, entertain, and take in the city's breathtaking evening sunsets painted in peach and lilac Endless Value-Add & Exit Strategies. This unique property caters to multiple high-yield real estate strategies: The Premier Owner-Occupant: Live luxuriously in the second-floor loft with its private balcony, while five separate streams of high-end passive rental income completely offset your expenses. The Condo-Conversion Play: With high tenant demand for premium finished units, the building presents an exceptional opportunity to split the asset into individual luxury condominiums for an immediate, highly profitable exit strategy. The Long-Term Portfolio Anchor: As a turnkey, low-maintenance asset generating premium market rents in a globally recognized historic destination. .

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Listing Snapshot
Price 
$1,299,000
Days On Site 
37 Days
Bedrooms 
7
Inside Area (SqFt) 
3,753 sqft
Total Baths 
6
Full Baths 
6
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1718
MLS® Number 
2568855
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Cross Street 
Royal & Dauphine, Ursulines & Gov. Nicholls
Foundation 
Other
Levels 
Two
Parking 
None
Property Sub Type 
Apartment
Sewer 
Public Sewer
Style 
Creole, French Provincial
Water Source 
Public
Interior Features
Cooling 
Central AirDuctlessWall Unit(s)
Heating 
CentralDuctlessWall Furnace
Laundry Features 
In Unit
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Exterior Features
Construction Details 
Wood Siding
Exterior 
BalconyCourtyard
Lot Features 
City LotRectangular Lot
Pool Features 
None
Roof 
Slate
Listing courtesy of Jon Huffman Real Estate

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, 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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