924 Orleans StNew Orleans, LA 70116

This exceptional investment opportunity presents a meticulously restored, two-unit multifamily property in the heart of New Orleans' French Quarter. The main house, a stunning example of architectural grandeur, boasts 3 bedrooms and 3 bathrooms, featuring high ceilings, hardwood floors, marble fireplaces, and custom draperies. The spacious kitchen is equipped with stainless steel appliances and granite countertops. The primary suite occupies the entire second floor, complete with a spa-like bathroom, walk-in closet, and a balcony overlooking Orleans Avenue and St. Louis Cathedral. A separate, three-story guest house offers an additional 2 bedrooms and 2.5 bathrooms, a full kitchen, and laundry facilities, providing versatile rental options. The property encompasses a total of 4,800 square feet of net rentable space on a 2,432 square foot lot. Built in 1844 and extensively renovated in 2013, the property includes individual HVAC and water heaters for each unit. Convenient parking is available via a recently added curb cut. Located just blocks from world-class restaurants, shopping, Jackson Square, and Armstrong Park, this property offers unparalleled French Quarter living and a strong potential for rental income. The asking price is $1,950,000, representing $975,000 per unit and $390 per square foot. The property is currently available for occupancy on June 20, 2024. This is a rare opportunity to acquire a truly unique and highly desirable investment property in one of the most sought-after locations in New Orleans.