2701 05 St Thomas St, New Orleans, LA 70130

$539,000
4
BD
1,749
SqFt

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List Price
$539,000
MLS#
2577592
Status
ACTIVE
Type
Multifamily
Style
Cottage, Creole
Stories
1
Bedrooms
4
Living Area
1,749
Parish
Orleans

Property Description

LOCATION, LOCATION, LOCATION!!<br><br> An exceptional opportunity in the HEART of the highly desirable IRISH CHANNEL! 2701–05 St. Thomas Street offers something increasingly difficult to find: TWO SEPARATE RESIDENCES IN TWO SEPARATE STRUCTURES, creating tremendous flexibility for an owner occupant, investor, or anyone seeking additional independent living space.<br><br> The main residence features 2 separate bedrooms and 2 FULL baths, while the second cottage offers 2 bedrooms and 1 FULL bath. Live in one and enjoy rental income from the other, utilize both residences for your own needs, or add a unique Irish Channel property to your investment portfolio. The cottage at 2705 St. Thomas is currently occupied by a WONDERFUL LONG TERM TENANT paying $1,400 per month!<br><br> And the LOCATION is truly Outstanding!!<br><br> Only FOUR BLOCKS from Magazine Street and surrounded by some of the neighborhood’s most recognizable destinations, including Parasol’s, Coquette, The Channel, Molly’s Rise and Shine and District Donuts. Everyday conveniences are nearby as well, including Breaux Mart and The Fresh Market. Enjoy an incredibly walkable neighborhood with restaurants, neighborhood bars, coffee shops, shopping and the energy of Magazine Street only minutes from your front door.<br><br> This is the kind of property that offers OPTIONS: owner occupancy with supplemental rental income, two independent residences for extended living needs, or a long term investment in one of New Orleans’ most recognizable historic neighborhoods.<br><br> TWO RESIDENCES. TWO SEPARATE STRUCTURES. ONE INCREDIBLE IRISH CHANNEL LOCATION.<br><br> Schedule your private showing and experience everything 2701–05 St. Thomas Street has to offer!!

Additional Information

Exterior Features
Courtyard, Fence
Roof
Asphalt
Sewer
Public Sewer
Water
Public
Pool Description
None
Heating
Central
Cooling
Central Air

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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