$1,990,000

Change currency

Select Currency

Antillean Guilder

Argentina Peso

Aruban Florin

Australian Dollar

Bahamian Dollar

Barbadian Dollar

Belize Dollar

Bermudan Dollar

Bitcoin

Brazil Real

Bulgarian Lev

Canadian Dollar

Cayman Islands Dollar

Chile Peso

China Yuan Renminbi

Columbian Peso

Costa Rican Colón

Czech Republic Koruna

Denmark Krone

Dominican Peso

Euros

Fiji Dollar

Ghanaian Cedi

Honduras Lempira

Hong Kong Dollar

Hungary Forint

Iceland Krona

India Rupee

Indonesia Rupiah

Israel Shekel

Jamaican Dollar

Japan Yen

Korea (South) Won

Lebanese Pound

Malaysia Ringgit

Mexico Peso

Mauritian Rupee

New Zealand Dollar

Nicaraguan Córdoba

Nigerian Naira

Norway Krone

Pakistan Rupee

Panamanian Balboa

Peruvian Sol

Philippine Peso

Poland Zloty

Russia Ruble

Singapore Dollar

South Africa Rand

Sweden Krona

Switzerland Franc

Taiwan New Dollar

Thailand Baht

Trinidad & Tobago Dollar

Turkey Lira

United Arab Emirates Dirham

United Kingdom Pound

Uruguayan Peso

US Dollar

Viet Nam Dong

Qatar Riyal

 

518 Gov Nicholls Street New Orleans, LA, United States 70116

INTRODUCING 518 + 524 GOVERNOR NICHOLLS STREET: This is a phenomenal Historic French Quarter redevelopment opportunity with compelling tax credit potential! **Part 1 of the State tax credits is approved for both buildings** Beautiful 150+ year old brick buildings with a spacious carriageway & extraordinary COURTYARD. Priced $720K BELOW recently appraised value! These properties are located just off Decatur Street & back up to the Ursulines Convent (which allows for some incredible views of MS River & downtown NOLA skyline)! Situated on an excellent block that provides convenient access to many of the French Quarter’s world famous dining experiences, entertainment venues, Jackson Square, Frenchman Street & just 1 block from the Historic French Market. The improvements consist of 12 units on 2 separate parcels of record (518 + 524 Gov. Nicholls Street) Balconies on both the 2nd & 3rd floor units fronting Governor Nicholls St. as well as on the 2nd floor of the rear units overlooking the courtyard. Separately metered utilities. Further Details: - Listed below appraised value - Full set of completed architectural drawings (included w/ sale) - All VCC violations have been remedied - Exterior has been repaired including new operable louvered shutters - Beautiful architectural details throughout - Part 1 of the State Historic Renovation tax credits are approved - Construction estimate for complete renovation cost (inquire for details) **Depending on the Buyer/Developer: Commercial Historic Renovation Tax Credit potential could be a sizable portion of construction costs needed to renovate these buildings (25% State & 20% Federal)**

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Architectural Style: New Traditional
  • Home size: 8,894 ft2 / 826.27 m2
  • MLS: 2468078
  • Status: Active
Copyright © 2024 Gulf 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.

Property brokered by

Reve | Realtors

(504) 233-9207

Presented by John Cody Stringer

  • (504) 300-0700
  • (504) 300-0700 (Office Phone)

Contact John Cody Stringer

Contact Agent

Similar Listings

  • 1578 Calhoun Street
    New Orleans, LA, United States $1,880,000 Bedrooms: 4 Full Bathrooms: 3 Partial Bathrooms: 1 Details
  • 612 State Street
    New Orleans, LA, United States $2,100,000 Bedrooms: 4 Full Bathrooms: 4 Partial Bathrooms: 2 Details


Language

Sign In

To save and share favorite properties