Active
Multifamily
1818 Paul Morphy Street
New Orleans, LA 70119
$505,000
Beautifully restored raised cottage just 5 BLOCKS from the entrance to Jazz Fest!! This multifamily property in Prime Fairgrounds location, contains 2 units. Upstairs features two bedrooms & two full bathrooms and the first floor has three bedrooms & two full baths, one bath which was just recently added. Sit… Read More and sip on your favorite beverage on the inviting porch as you listen to the sounds of famous musical artists from around the world. The front porch leads to a vibrant open living, dining, & kitchen area with dramatic original recently refinished hardwood floors. The upstairs kitchen boast large windows, granite countertops, stainless steel appliances and lots of storage. Additionally, upstairs has a recently added large back deck that leads to a massive yard; an entertainer's dream! This extra deep back yard(150') with subsurface drainage has endless possibilities. Build your dream pool and pool house or an accessory home with a vegetable garden. This property is also an outstanding income-generating opportunity for savvy investors or owner-occupiers seeking additional rental revenue. Current owners have short term rental permitting and the property has long term rental history. Downstairs also has the flexibility to become two units and both have separate entrances with private bedrooms. There are also convenient laundry facilities on both floors. Roof is just a few years old, all electrical updated in 2019, adding peace of mind and reliability. Downstairs kitchenette and bath plumbing were installed in 2021 and a new water heater was just installed. Coveted X Flood Zone. All of this, conveniently located within a few minutes of the Fairgrounds, City Park, Bayou St. John, and the French Quarter! Read Less
Courtesy of , FQR Realtors
Listing Snapshot
Days Online
37
Last Updated
Property Type
Duplex
Lot Size
0.1 Acres
MLS Number
NO2498965
Additional Details
Building
Building Area Total: 2208, Building Area Units: Square Feet, Construction Materials: "Stucco", "Vinyl Siding", Living Area Units: Square Feet, Number Of Units Total: 2
Cooling
Cooling: "Central Air", Cooling Included
Exterior Features
Exterior Features: "Balcony"
Fence
Fencing: "Other"
Foundation
Foundation Details: "Pillar/Post/Pier"
Heating
Heating: "Central", Heating Included
Lot
Lot Size Acres: 0.1033, Lot Size Area: 4500, Lot Size Dimensions: 30' x 150', Lot Size Square Feet: 4500, Lot Size Units: Square Feet, Parcel Number: 37W213620
Parking
Parking Features: "None"
Property
Property Sub Type: Duplex
Roof
Roof: "Composition"
Sewer
Sewer: "Public Sewer"
Taxes
Tax Legal Description: SQ 1512 LOT 18 30X150 SGLE FR/2-STY 10/RMS S/R UNITS A & B
Utilities
Water Source: "Public"
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