$999,995
For Sale

723 KERLEREC STREET

New Orleans, LA 70116
3729 sqft | 5 beds | 5 baths | 1.00 acre | #2478991
Browse 21 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Rare, beautiful, historic, early creole cottage/ 4-plex, nestled amid the most coveted block of Kerlerec Street, in the meticulously preserved, Marigny neighborhood. Historical details abound in this lovely property…soaring ceilings, pocket doors, hard wood floors, expansive/landscaped courtyard, mantles/fireplaces, to name a few! This gem of a property offers all…beauty, prime LOCATION (just a short stroll to the French Quarter), and income producing with multiple options for use…reside in the spacious, gorgeous, Owner’s unit with generous cash flow from three, income producing properties OR enjoy the many financial benefits of the property as a total investment with $8K-$9K, monthly income from all 4 units. Healthy income is achievable in a variety of ways: corporate rentals (current use), furnished long term rental or unfurnished long-term rentals. Each unit of the property is uniquely and tastefully decorated with its own personality and every detail addressed. Total turnkey! Property is being sold completely furnished, all art and accessories to remain to ensure continued, uninterrupted success after purchase. Do not miss the opportunity to live in and own a slice of history without compromising charm and luxury!

  • Property Details
      • Exterior MaterialsCourtyard, Fence, Porch, Patio
      • Lot DescriptionOneToFiveAcres, CityLot
      • SubdivisionNot a Subdivision
      • Property ConditionVeryGoodCondition
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Property SubtypeQuadruplex
      • Original List Price$999,995
      • StyleCottage
      • CountyOrleans
      • MLS #2478991
      • MLS #2478991
      • FoundationRaised
      • Utility SourcePublic
      • Cost999995
      • Square Feet3729
      • Year Built1868
      • Bedrooms5
      • Bathrooms5
      • Full Baths4
      • Half Baths2
      • Acres1

Location

Christian Perez | Star RealtyReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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