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Multi Family
Tools
Size
0.12 Acres
Exterior
Financial
$1,250,000
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Listing Details
Multi Family
Property type
11229814
Web Id
NO2024005965
MLS ID
50
Days Posted
Description
#6, 524 Governor Nicholls Street, New Orleans, LA 70116
Historic French Quarter redevelopment opportunity with compelling tax credit potential (***Part 1 of the tax credits is approved for both buildings***). Beautiful 150+ year old brick building priced below recently appraised value and situated in an excellent French Quarter location. Further Details: - Listed below appraised value. - Full set of architectural drawings completed. - All VCC violations have been remedied. - Exterior has been repaired including new louvered shutters. - Beautiful architectural details throughout. - Part 1 of the tax credits is approved. - Construction estimate for complete renovation cost (inquire for details). **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)**,
This is an Active listing.
Broker Office Phone Number: 504-300-0700
Copyright © 2024Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 504-300-0700
Copyright © 2024Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Slate Roof
Price History
| date | Price | variance | type |
|---|---|---|---|
| 4/9/2024 | $1,250,000 | - | Listed |
Listing By: REVE, REALTORS via Data Source: Gulf South Real Estate Information Network
listing agent: Cody Stringer
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