1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo
1582 Magazine Street , New Orleans, LA 70130 Photo

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1582 Magazine Street New Orleans, LA 70130
$1,995,000
Active / MLS# 2579150 / Residential - Single Family / New Orleans
4 Beds
3 Baths
2000 SqFt

1582-84 Magazine Street is a 5,856 SF two-story building in the Lower Garden District, currently 100% occupied across two units. The ground floor currently operates as a coworking space. The second floor is a licensed four-bedroom, three-bath commercial short-term rental.The building was fully renovated in 2014, updated again in 2020, and re-roofed in 2022. It's in move-in-ready condition. HU-B1 zoning gives a buyer flexibility on commercial use.The setup suits an investor looking for cash flow from day one, or an owner-occupant who wants to run a business downstairs and keep the STR income upstairs. The office tenants can be vacated at closing if needed.**Furniture not included - can be sold separately**Highlights:- 5,856 SF building, two floors; two units- Ground floor office/co-working (~3,800sf)- Second floor licensed commercial STR (~2,000sf)- Fully renovated in 2014; updated in 2020; new roof in 2022- Zoned HU-B1- Located in New Orleans Lower Garden District; Magazine St. frontage- Strong cash flow for investors; office can be vacated for owner-occupant

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Estimated Payment

$ 5,015.21 per month $4,433.33 Principal & Interest $0.00 Property Tax (data not provided by mls) $581.88 Homeowner's Insurance

Property Details

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Lot Size: 0
Roof Type: Shingle
Stories: 2.0
Year Built: 2014

Feature Descriptions

Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Stainless Steel Appliance(s), Oven
Days on Site: 14
Exterior: Wood Siding
Fencing: Wrought Iron
Flooring: Wood, Painted/Stained, Concrete
Lot: Corner Lot
Lot Dimensions: 0.129
Parcel#: 1582-Magazinest
Parking: None
Parking Notes: None
Security: Closed Circuit Camera(s)
Sewer: Public Sewer
Utilities: Natural Gas Not Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: Urban Properties Real Estate,
Agency Phone: 504-913-0462

Shown By

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

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