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$3,575,000
851 Days Online

824 Royal Street
New Orleans, LA 70116

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
8,283
SqFt
$432
/SqFt
2011
Built
County:
Orleans

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824 Royal Street824 Royal Street824 Royal Street824 Royal Street
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Premium Commercial/Residential property centrally located on one of the best blocks of Royal Street in the French Quarter. New Orleans culture has never been more alive at any other property! Walking distance to St. Louis Cathedral, Jackson Square & the French Market--making this a high-demand area for all investors in search of a classic income producing property that stays steadily, fully occupied. Annual Rental Income ~$225,600/year across all units ($18,800/month). <br> <br> With excellent street visibility for the commercial space opening onto Royal Street, this property is sure to pique interest in the bustling foot traffic of this area of the Quarter. Current tenant of commercial space has been there for many years. Property offers one, 1st floor commercial space + 8 residential units total (studios, 1BR & 2BR units). 3-story front house includes commercial on 1st floor level. gorgeous & spacious 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on the 3rd floor. Back house includes two 1BR/1BATH units and four studio/1BATH units. Both houses surrouding a large, lush courtyard area with indoor and outdoor stair access to units. Carriage way entry area can easily be converted into parking for 3+ cars with curb cut out already in place. <br> <br> First time on the market in over 70 years! Don’t miss your chance to own a piece of rare history in the New Orleans French Quarter. <br> <br>

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Listing Snapshot
Price 
$3,575,000
Days Online 
851 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,283 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2011
MLS® Number 
2336962
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
5 months agoListing updated with changes from the MLS®
2 years agoPrice changed to $3,575,000
2 years agoListing first seen online
General Features
Acreage 
0
Parking 
AttachedCoveredThreeormore Spaces
Sewer 
Public Sewer
Style 
Historic Antique
Water 
Public
Construction 
BrickConcrete
Number of Stories 
33+
Zoning 
VCC-1
Cross Street 
Dumaine Street, St. Ann Street
Listing Conditions 
None
Property Condition 
Repairs CosmeticResale
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Exterior Features
Lot 
City LotRectangular Lot
Other Structures 
Living Quarters
Community Features
Community Features 
Common Grounds Area
Listing courtesy of French Quarter Realty

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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