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1427 St Mary Street New Orleans, LA $ 1,450,000
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1427 St Mary Street
$ 1,450,000
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1427 St Mary Street

New Orleans, LA, 70130
$ 1,450,000
Bedrooms2 Baths0.0 Sq 5,751

Monthly Estimate*

$ 10,129

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Commercial Property for sale in New Orleans, LA

for $1,450,000 with 2 bedrooms. This 5,751 square foot building was built in 1862 on a lot size of 0.1763.

Rare 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.

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Commercial Active

Price

$ 1,450,000

Bedrooms

2

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1763

Year Built

1862

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2444833
Features
General
Sewer Public Sewer
Zoning HU-RD2
Construction Materials Frame Wood Siding
Year Built 1862
Tenant Pays All Utilities
Stories 2
Levels Two
County Orleans
Property Type Commercial Sale
Other Structures Living Quarters
Total Rooms 6
Status Active
Directions From Magazine St turn toward the lake on Saint Mary. Property on right side after Coliseum.
City New Orleans
Buyer Agent Compensation 3
Street Name ST MARY
Days on Market 6
Structure Type Mixed Use
Standard Status Active
Tax Lot 3 & 4
Buyer Agent Compensation Type %
Legal Description SQ 206 LOTS 3 AND 4 ST MARY
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Exterior
Parking Features Driveway Off Street One Space
Lot Features City Lot Oversized Lot Rectangular Lot
Water Source Public
Lot Size Area 0.1763
Building Area Total 6869
Lot Dimensions 64 x 120
Lot Size Acres 0.1763
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Interior
Full Baths 0
Half Baths 0
Street Suffix Street
Total Bedrooms 0
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* Excluded Features
List By
Reve, Realtors

Broker

ryan@reverealtors.com

Email

Affordability Calculator

$10,129
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,129
Monthly Property Taxes
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Monthly Home Insurance
--
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/25/2024$1,450,000 Listed Price

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1427 St Mary Street, New Orleans, LA, 70130 is a Commercial Property for sale at $1,450,000 with 5,751 sqft and a lot size of 0.1763. 1427 St Mary Street has 2 bedrooms, 0.0 baths, and was built in 1862. The property's zip code is 70130 which is in New Orleans, LA

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