1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo
1039 Marais Street , New Orleans, LA 70116 Photo

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1039 Marais Street New Orleans, LA 70116
$899,000
Active / MLS# 2579039 / Multi Unit - Multiple / New Orleans
9 Beds
6 Baths

1039 Marais Street presents a rare opportunity to acquire a historic six-unit multifamily property in the heart of New Orleans' Tremé neighborhood. Originally built in 1919 and renovated in 2019, the property contains approximately 4,460 gross square feet and sits on a 30' x 112' corner lot within the New Orleans Historic District Landmarks Commission Tremé district.The unit mix includes three two-bedroom units and three one-bedroom units, combining historic New Orleans character with an exceptional location just steps from the French Quarter and some of the city's most iconic cultural destinations. In-place rents provide an opportunity for future upside through lease-up and rental growth.With strong existing cash flow, a desirable boutique scale, and meaningful value-add potential, 1039 Marais Street offers investors a compelling opportunity to own a historic multifamily asset in one of New Orleans' most distinctive neighborhoods.All information herein is deemed reliable but not guaranteed. Buyer and buyers agents must independently verify all information prior to closing.

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Estimated Payment

$ 2,259.99 per month $1,997.78 Principal & Interest $0.00 Property Tax (data not provided by mls) $262.21 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Traditional
Lot Size: 0.08 Acres
Year Built: 1978

Feature Descriptions

Days on Site: 15
Exterior: Wood Siding
Lot: Other
Lot Dimensions: 30x112
Parcel#: 208103907
Parking: None
Parking Notes: None
Sewer: Public Sewer
Units: 6
Utilities: Natural Gas Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: Bridgewater Realty Advisors
Agency Phone: 504-901-0463

Shown By

Agency Title: John Weil Realty, LLC
Agency Phone: 504-512-6339

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