• 1631 Piety Street New Orleans, LA 70117

  • $135,000
  • 4
    Bed(s)
  • 2
    Baths
  • 1,688
    Sq Ft
  • 0.1212
    Acre

Attention investors and savvy buyers. Owner will finance. 2 year balloon max, 25% down, amortized over 20 years and 6.5% rate. Here is your chance for an income property that will keep increasing in value. This fixer-upper is an unique gem, featuring not one but two homes on a single lot with two separate electric meters. Located in a fast growing neighborhood, only about a 5 minute drive into the French Quarter and 10 minutes from the Central Business District of New Orleans. The property is vacant, gutted, and has a new roof. It offers the endless potential for the buyer to transform into their dream investment or personal residence. The main house is 1156 square feet currently a 3 bedroom 1 bath, and the guest house is 1 bedroom 1 bath with about 532 Sqf of living space. It has an attached garage that could be enclosed to create a second bedroom, which would also increase the living square footage to 752 Sqf and add a second bedroom. Both homes have been gutted, providing a blank canvas for the buyer to unleash their creativity. Customize both homes to suit different needs, whether it be multi-generational living, investment, income property, or simply having a separate space for guests, work, home office.

Property Type :

Residential Income

Subdivision :

Not A Subdivision

Parish :

Orleans

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Full Baths: 2

Half Baths: 0

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Room Information

Total Square Feet Living :1688

Total Rooms: 0

Interior Features

Roof : Shingle

Cooling Features: Other

Heating Features: Other

Building Information

Year Built: 1949

Roof: Shingle

Lot Information

Lot Features: City Lot,Rectangular Lot

Property Information

SQ ft: 1,688

Subdivision: Not a Subdivision

Source Listing Status: Active

Property Subtype: Other

Building Exterior Type: Vinyl Siding,Wood Siding

Foundation Details: Raised,Slab

Property Age: 75

Property Condition: Average Condition,Fixer

Levels or Stories: One

Listing Price Information

Original List Price: $135,000

Tax Information

Parcel Number: 39W406824

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2976 Law Street, New Orleans, LA,70117 $20,500 -- -- 5,060 0.1162 Acre
5307 Saint Claude Avenue, New Orleans, LA,70117 $99,000 -- -- 7,080 --
3009 N Rocheblave Street, New Orleans, LA,70117 $23,500 -- -- 4,170 0.0957 Acre
5622 Royal Street, New Orleans, LA,70117 $69,000 -- -- -- 0.119 Acre
1323 25 Deslonde Street, New Orleans, LA,70117 $350,000 4 4 1,807 --
6034 N Rampart Street, New Orleans, LA,70117 $345,000 3 2 1,757 0.0992 Acre
6012 N Miro Street, New Orleans, LA,70117 $15,900 -- -- -- --
1002 Delery St, New Orleans, LA,70117 $280,000 4 3 3,107 0.21 Acre
1323-25 Pauline St, New Orleans, LA,70117 $295,000 -- -- PUBLIC RECORD 0.17 Acre
5340 42 Marais Street, New Orleans, LA,70117 $262,000 4 2 2,494 0.1065 Acre

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ByOwner last updated this listing 04/30/2024 @ 18:55

MLS: 2425447
LISTED BY: Kate Kancheva, REVE, REALTORS
SOURCE: NOMAR
Buyer Agency Compensation: 3%
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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