Description
RARE OPPORTUNITY ON THREE LOTS IN THE BYWATER PRICED TO MOVE! 2024 Orleans Assessment shows property value based on comps of $297,500 land and $272,500 structure. That is a total current market value of $570,000. At $395,000 purchase price, when you net out the assessed land value of $297,500 (for a rare 88'X115' TRIPLE lot!) its only $97,500 for the building, which is under $23 per foot for this beautiful, historic 4,244 sf structure that has a 3-year-old ~$20k roof, antique wood floors, and old growth true dimension framing. Built to last.Zoned: HMC-2[Historic Marigny/Treme/Bywater Commercial District], Land Use: MUHC [Mixed Use, Historic Core]. Flood Zone X. It is recognized by the Historic District Landmarks Commission [HDLC] and is likely ELIGIBLE FOR TAX CREDITS.
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7BEDS
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0.23ACRES
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5BATHS
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01/2 BATHS
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4,244SQFT
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$0$/SQFT
School Ratings & Info
Description
RARE OPPORTUNITY ON THREE LOTS IN THE BYWATER PRICED TO MOVE! 2024 Orleans Assessment shows property value based on comps of $297,500 land and $272,500 structure. That is a total current market value of $570,000. At $395,000 purchase price, when you net out the assessed land value of $297,500 (for a rare 88'X115' TRIPLE lot!) its only $97,500 for the building, which is under $23 per foot for this beautiful, historic 4,244 sf structure that has a 3-year-old ~$20k roof, antique wood floors, and old growth true dimension framing. Built to last.Zoned: HMC-2[Historic Marigny/Treme/Bywater Commercial District], Land Use: MUHC [Mixed Use, Historic Core]. Flood Zone X. It is recognized by the Historic District Landmarks Commission [HDLC] and is likely ELIGIBLE FOR TAX CREDITS.
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: 2025-06-17T23:35:12.79.
Listing courtesy of Gulf South Real Estate Information Network.