837-839 JACKSON Avenue, New Orleans, LA, 70130

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$2,450,000
93 Days On Site

837-839 JACKSON Avenue
New Orleans, LA 70130

For Sale|Quadruplex|Active
8
Beds
8
Full Baths
4
Partial Baths
5,441
SqFt
$450
/SqFt
1860
Built
County:
Orleans
Call Now: (504) 228-6500
Is this the home for you? We can help make it yours.
(504) 228-6500
837-839 JACKSON Avenue837-839 JACKSON Avenue837-839 JACKSON Avenue837-839 JACKSON Avenue
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UNICORN INVESTMENT OPPORTUNITY! This outstanding building has FOUR TRANSFERABLE Commercial short term rental permits. The building underwent a full scale renovation in 2015. Each unit is two bedrooms, 2.5 baths (many are ensuite baths) walk in closets for days. The upper units have soaring ceilings and all units have tons of natural light. Every unit comes fully furnished with professional property management in place, many repeat guests, high star ratings across multiple short term rental platforms- a highly sought after vacation rental accommodation. The units were designed to complement but not compete with each other leading to high booking rates. The building as a whole is permitted to sleep 16 with room to spare, each unit sleeps 4. Steps from Magazine St, the location is outstanding for locals and tourists alike. This building is made for high returns (10% CAP rate), can be short term rented full time, or turn one unit into an owners unit- or both! Imagine having a place to come and go from steps from fabulous restaurants and shopping, and it produces income while you are not using it! Best of both worlds. The building grosses approximately $300,000 a year and growing. STR lender recommendations available upon request. This is a special opportunity for an investor- special building, in a special location that doesn't come along often. Certainly not one to be missed! Links to rental units can be provided upon request. Agent is related to sellers and property management company. Zoned Hu-B1A This one will move quickly, don't sleep on this great investment opportunity.

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Listing Snapshot
Price 
$2,450,000
Days On Site 
93 Days
Bedrooms 
8
Inside Area (SqFt) 
5,441 sqft
Total Baths 
10
Full Baths 
8
Partial Baths 
4
Lot Size 
0.0926 Acres
Year Built 
1860
MLS® Number 
2486006
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active
2 weeks agoPrice changed to $2,450,000
2 weeks agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.0926
Foundation 
Raised
Number Of Stories 
2
Parking 
None
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Stories 
Two
Style 
Traditional
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Central
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Exterior Features
Construction Details 
Brick
Lot Features 
City Lot
Roof 
Shingle
Listing courtesy of LaNasa Realty, Inc

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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