• 518 Governor Nicholls Street New Orleans, LA 70116

  • $1,000,000
  • 3
    Bed(s)
  • 5
    Baths
  • 4,207
    Sq Ft
  • 0.11
    Acre

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)**,

Property Type :

Residential Income

Parish :

Orleans

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Bathroom Information

Full Baths: 5

Half Baths: 0

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Room Information

Total Square Feet Living :4207

Total Rooms: 0

Interior Features

Roof : Slate

Exterior Property Features : Balcony

Cooling Features: None

Heating Features: None

Building Information

Year Built: 1852

Roof: Slate

Exterior Features

Balcony

Lot Information

Lot Features: City Lot,Rectangular Lot

Property Information

SQ ft: 4,207

Subdivision: Other

Source Listing Status: Active Under Contract

Property Subtype: Apartment

Building Exterior Type: Brick

Foundation Details: Raised,Slab

Property Age: 172

Property Condition: Average Condition

Listing Price Information

Original List Price: $1,000,000

Tax Information

Parcel Number: 518-GOVNICHOLLSST

School Information

Elementary School: Orleans Paris

Middle/Junior High School: Orleans Paris

Senior High School: Orleans Paris

Nearby Home Value

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ByOwner last updated this listing 06/06/2024 @ 10:05

MLS: 2448128
LISTED BY: Cody Stringer, REVE, REALTORS
SOURCE: NOMAR
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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