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524 Governor Nicholls Street
New Orleans LA 70116 US

$1,250,000

Active Listing ID NO2024005965
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Lot: 0.12 Acres
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Other

$1,250,000

Active Listing ID NO2024005965
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524 Governor Nicholls Street 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)**,

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Property Features

  • Facts
  • Lot Size: 0.12 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Balcony
  • Roof Type: Slate

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 524 Governor Nicholls Street
  • postalcity: New Orleans
  • stateorprovince: LA
  • country: US
  • postalcode: 70116
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.12
  • lotsizeunits: Acres
  • lotsizearea: 0.12
  • livingareaunits: Square Feet
  • listagentfullname: Cody Stringer
  • listagentemail: codystringer@gmail.com
  • listagentkey: 3yd-NOMARLA-strijohn
  • listagentmlsid: strijohn
  • listagentpreferredphone: 5046555577
  • listagentofficephone: 5043000700
  • listofficekey: 3yd-NOMARLA-REVE01
  • listofficemlsid: REVE01
  • disclaimer: 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.
  • sourcesystemid: NOMARLA
  • listingcontractdate: 2024-04-09
  • listagenturl: https://reverealtors.com
  • countyorparish: Orleans
  • appliances: Cooktop
  • constructionmaterials: Brick
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Slate
  • waterfrontyn: False
  • exteriorfeatures: Balcony
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 4/24/2024 10:37:53 PM GMT
Source Updated Date: 5/6/2024 6:38:53 AM GMT

Courtesy of: Cody Stringer, REVE, REALTORS, codystringer@gmail.com

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.

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