1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo
1411 Terpsichore Street , New Orleans, LA 70130 Photo

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1411 Terpsichore Street New Orleans, LA 70130
$889,000
Active / MLS# 2578980 / Multi Unit - Multiple / New Orleans
7 Beds
6 Baths
2 Half Baths

Fully leased at $7,650 a month ($91,800 a year, a 9.7 gross rent multiple), this circa-1850 Greek Revival 4-plex anchors the edge of Coliseum Square, one block from the St. Charles Avenue streetcar. Step inside & the pedigree shows: soaring ceilings, heart-pine floors, exposed beams, cypress millwork, original transom windows & elegant medallions overhead. Four townhome-style residences - two 1,500 sq ft 2BR/1.5BA, a 1,073 sq ft 1BR/2BA & a 995 sq ft 2BR/2BA - each with a private entrance, outdoor space & in-unit laundry, totaling 4,990 sq ft & seven bedrooms. Two already have new kitchens with quartz counters, contemporary cabinetry & ss appliances; the other two leave value-add upside on the table. Relax in the rear courtyard, a quiet retreat tucked behind the building & a draw for long-term tenants. Separate electric meters, a 36 x 128 lot & Flood Zone X, a real edge on insurance in this market. Owner-occupants, take note: live in one of the 1,500 sq ft homes & let the other three cover $5,250 of the monthly payment. Ask for the full lease schedule & a lender-quoted buydown scenario. Magazine Street dining & shopping are a short walk, with Tulane & Loyola a quick ride uptown. Proven cash flow with a Lower Garden District address - ready when you are.

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Estimated Payment

$ 2,234.85 per month $1,975.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $259.29 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air, Ductless (Mini-Split), Window Unit(s), W
Heating: Central, Other, Ductless (Mini-Split)
Lot Size: 0.11 Acres
Year Built: 1850

Feature Descriptions

Days on Site: 14
Exterior: Wood Siding
Laundry: Electric Dryer Hookup, In Unit
Lot: Other
Lot Dimensions: 36 x 128
Parcel#: 101105512
Parking: None
Parking Notes: None
Sewer: Public Sewer
Units: 4
Utilities: Natural Gas Not Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: REVE, REALTORS
Agency Phone: 504-300-0700

Shown By

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

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