Property summary
This charming 2,100 square foot guesthouse in New Orleans' desirable Tremé neighborhood presents a unique investment opportunity. Built in 1920 and renovated in 2013, this single-story, one-building property sits on a 3,300 square foot lot and boasts six bedrooms. Currently operating as a fully licensed bed and breakfast, it's exempt from Airbnb regulations and has a proven track record of generating $70,000-$100,000 in annual net operating income (NOI). The property's conditional use permit allows for short-term rentals. The sale includes the established booking platform, reviews, and existing reservations. With potential for increased revenue through added amenities like breakfast service, bike rentals, or guided tours, this turnkey operation offers significant upside. The asking price is $475,000. Located just one mile from the French Quarter at 2028 Dumaine St, New Orleans, LA 70116, this property is ideally situated for attracting tourists and maximizing occupancy. Financial records are available upon request.
Property profile
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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