Address: 1030-1034 St. Philip St, French Quarter, New Orleans, LA
Rare listing of investment asset in the French Quarter. This c.1800’s Creole Cottage compound is located just off the Rampart Street Car Line for ease of access in and out, and immediate to many of the Quarter’s famous dining and entertainment venues. The improvements consist of two buildings connected by a common rear courtyard. The property is configured as five (5) rental units – each having separately metered utilities. The unit mix is included in the offering detail. 1030-34 St. Philip is an excellent opportunity for re-development utilizing State and Federal Historic Tax Credits or condominium conversion.
List Price: $1,150,000 | $350.50 PSF
Gross Building Area: 3,281 SF
Net Rentable Area: 2,836
Unit Count: Five (5), 1 BR Units
Site Size: 48′ Fronting St. Philip Street by a depth of 64″
Zoning: VCR-1 – Vieux Carre Residential District
Gross Rent: $6,010 per month (based off existing below market rents and w/ current rents on vacancy)
For further listing information or to schedule a showing, contact Parke McEnery (504.236.9542) or Troy Hagstette (504.251.5719)
