
Description
We're celebrating the Fed's recent interest rate cut with a price reduction on this triplex at 2501 Royal St. Now listed at $665,000, this property projects current market rents of $5,400/month with two current leases on month-to-month terms. The seller is also offering to upgrade to a Certified Fortified Roof with a full-price offer, which could significantly reduce insurance costs. Located in Flood Zone X, the most desirable zone in New Orleans.Downstairs are two renovated units (a 2-bed and a 3-bed), each with private entrances and all appliances including washers/dryers. The upstairs unit is a spacious 3-bedroom that has been restored, retaining historic features like original kitchen cabinets, apron sink, and large windows that fill the space with natural light. All units have separate electric meters; the owner only covers water, trash, and sewer.Happy tenants who pay rent on time.Prime location in the Marigny, just a short walk to the French Quarter and Bywater.Easy street parking.Rich history " inquire for more details.2501 Royal St isnt just a house"its a smart investment in an incredible historic New Orleans neighborhood.
-
8BEDS
-
N/AACRES
-
3BATHS
-
01/2 BATHS
-
3,113SQFT
-
$0$/SQFT
School Ratings & Info
Description
We're celebrating the Fed's recent interest rate cut with a price reduction on this triplex at 2501 Royal St. Now listed at $665,000, this property projects current market rents of $5,400/month with two current leases on month-to-month terms. The seller is also offering to upgrade to a Certified Fortified Roof with a full-price offer, which could significantly reduce insurance costs. Located in Flood Zone X, the most desirable zone in New Orleans.Downstairs are two renovated units (a 2-bed and a 3-bed), each with private entrances and all appliances including washers/dryers. The upstairs unit is a spacious 3-bedroom that has been restored, retaining historic features like original kitchen cabinets, apron sink, and large windows that fill the space with natural light. All units have separate electric meters; the owner only covers water, trash, and sewer.Happy tenants who pay rent on time.Prime location in the Marigny, just a short walk to the French Quarter and Bywater.Easy street parking.Rich history " inquire for more details.2501 Royal St isnt just a house"its a smart investment in an incredible historic New Orleans neighborhood.
Related Properties
Broker and Associates are licensed in the State of Louisiana, USA.
The Robin Group of Keller Williams Realty Services || 985-778-2525 || Mandeville, LA.
Terms & Conditions
© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Robin Group of Keller Williams Realty Services. Data last updated: 2025-02-11T16:35:00.427.