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518 Governor Nicholls Street

New Orleans, LA 70116
  • $1,000,000
  • STATUS: Active Under Contract
  • ON SITE: 41 Days
  • MLS #: 2448128
Under Contract
UPDATED: 119 min ago
$1,000,000
  • 3
    BEDS
  • 0.11
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,207
    SQFT
  • $238
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1852
County:

School Information

Elementary School:
Middle School:
High School:

Description

This 150+ year old building is a phenomenal Historic Tax Credit Opportunity. Priced BELOW the recently appraised value & situated in an excellent French Quarter Location! Architectural drawings & Part 1 of the historic tax credits have already been completed. Further Details: - All VCC violations have been remedied. - Exterior has been repaired. - Beautiful architectural details throughout. - Part 1 of the tax credits have been approved. - Full construction estimate completed for complete renovation (available upon request). - Full set of architectural drawings completed. **Depending on the Buyer/Developer, tax credit potential could be a sizable portion of the estimated costs to complete the buildings (25% State & 20% Federal)**,

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Broker and Associates are licensed in the State of Louisiana, USA.
The Robin Group of Keller Williams Realty Professionals || 985-778-2525 || Slidell, LA.

Terms & Conditions
© 2024 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 Professionals. Data last updated: 2024-06-22T17:35:18.327.
www.bestlouisianahomes.com/homes/150449893
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518 Governor Nicholls Street New Orleans, LA 70116

  • Price: $1,000,000
  • Status: Active Under Contract
  • On Site: 41 Days
  • Updated: 119 min ago
  • MLS #: 2448128
3
Beds
5
Baths
0
½ Baths
0.11
Acres
4,207
SQFT
$238
$/SQFT
1852
Built
Neighborhood:
Other
County:
Orleans
Elementary School:
Orleans Paris
Middle School:
Orleans Paris
High School:
Orleans Paris
Property Description
This 150+ year old building is a phenomenal Historic Tax Credit Opportunity. Priced BELOW the recently appraised value & situated in an excellent French Quarter Location! Architectural drawings & Part 1 of the historic tax credits have already been completed. Further Details: - All VCC violations have been remedied. - Exterior has been repaired. - Beautiful architectural details throughout. - Part 1 of the tax credits have been approved. - Full construction estimate completed for complete renovation (available upon request). - Full set of architectural drawings completed. **Depending on the Buyer/Developer, tax credit potential could be a sizable portion of the estimated costs to complete the buildings (25% State & 20% Federal)**,
Exterior Features

Construction Materials Brick Exterior Features Balcony Foundation Details RaisedSlab Lot Features City LotRectangular Lot Lot Size Dimensions 22x95' Parking Features None Patio And Porch Features Balcony Roof Slate

Interior Features

Cooling None Heating None Heating YN No

Property Features

Architectural Style Traditional Cooling YN No Home Warranty YN No Property Condition Average Condition Property Sub Type Apartment Restrictions Sewer Public Sewer Special Listing Conditions None Watersource Public

Gulf South Real Estate Information Network Listing courtesy of Gulf South Real Estate Information Network.
Listing provided courtesy of John Cody Stringer of REVE, REALTORS: (504) 300-0700.



Broker and Associates are licensed in the State of Louisiana, USA.
The Robin Group of Keller Williams Realty Professionals || 985-778-2525 || Slidell, LA.

Terms & Conditions
© 2024 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 Professionals. Data last updated: 2024-06-22T17:35:18.327.
 
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The Robin Group of Keller Williams Realty Professionals
5001 Hwy 190 East Service Rd Unit C6
Slidell LA, 70458