520 Fern Street New Orleans, LA $ 1,085,000
520 Fern Street
$ 1,085,000
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520 Fern Street

New Orleans, LA, 70118
$ 1,085,000
Bedrooms6 Baths5.0 Sq 5,039

Monthly Estimate*

$ 7,579

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Multi-Family Home for sale in New Orleans, LA

for $1,085,000 with 6 bedrooms and 5 full baths. This 5,039 square foot home was built in 1915.

This lovely owner occupied triplex with fine details is on a large, fenced lot with a sizable side yard right off of St. Charles Ave.The owners occupy 520 Fern which is the lower level and have a loft area for guests. The two upper units at 522 Fern are entered from the side of the building and are currently leased. In addition to a large lot, this property has plenty of off street parking. The owner's unit has an attached 3 car garage. Plus, there are two additional gated parking spaces. Don't feel like driving, this location has great walkability. It is near the restaurants, coffee shops and businesses on Maple street and in the Riverbend. 520 Fern has a gracious entrance foyer which is open to the living room and study. The living room is also open to the dining room. The formal rooms have lovely cove ceilings and decorative fireplaces. The furnished kitchen with a breakfast area has a Travertine floor and countertops, abundant cabinet & counter space and stainless appliances. The primary bedroom has a fireplace. The second bedroom is light and bright. The vintage bath has a claw foot tub. Beyond the kitchen is a large laundry and storage area and the three car garage. Above this area is guest loft with a spacious living room, bedroom and bath. This space has a fun, funky vibe. Your guests may never leave. 522 Fern upper front apartment has a living rm, dining rm, furnished kitchen, 2 bedrooms & 2 baths. It is leased until May 31, 2024. The upper rear apartment has a living rm, dining rm, furnished kitchen, 1 bedroom and 1 bath. The tenant is on a month to month lease. The owner pays the water and tenants pay electricity and gas. All of the apartments have central air and heat and washers and dryers. The guest loft has window units. There is a patio area and plenty of green space in the side yard. The upper tenants each have 1 gated parking space. This unique property is deal for an owner occupancy. It also can be converted into a large single family home.

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Multi-Family Contingent

Price

$ 1,085,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Year Built

1915

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2440583

Features
General
Sewer Public Sewer
Heating Central Other
Cooling Central Air Window Unit(s)
Roof Asphalt Metal Shingle
Exterior Features Porch
Patio/Porch Features Porch
Architectural Style Traditional
Pool Features None
Construction Materials Wood Siding
Year Built 1915
Tenant Pays Electricity Gas
Stories 2
Levels Two
Property SubType Triplex
County Orleans
Property Type Residential Income
Contingency Buyer Financing
Garage Y/N 1
Total Rooms 0
Status Active Under Contract
City New Orleans
Total Units 4
Street Name FERN
Year Built Details Year built and effective date unknown.
Home Warranty Y/N 0
Property Condition Very Good Condition
Days on Market 40
Standard Status Active Under Contract
Property Sub Type Additional Triplex
Legal Description Sq 66 Lots 5 6 Fern to Huso
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Exterior
Parking Features Attached Garage Three or more Spaces
Lot Features City Lot Oversized Lot
Water Source Public
Lot Size Area 0
Foundation Details Raised Slab
Lot Dimensions 60' x 120'
Lot Size Acres 0
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Full Baths 5
Half Baths 0
Street Suffix Street
Laundry Features In Unit
Total Bedrooms 6
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* Excluded Features
List By
Grady Harper, Inc.

Broker

laineh@bellsouth.net

Email

Affordability Calculator

$7,579
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,579
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2024$1,085,000 Listed Price

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520 Fern Street, New Orleans, LA, 70118 is a Multi-Family Home for sale at $1,085,000 with 5,039 sqft. 520 Fern Street has 6 bedrooms, 5.0 baths, and was built in 1915. The property's zip code is 70118 which is in New Orleans, LA