Property Description

Rare investment opportunity at an outstanding price in popular Bywater neighborhood. Two adjacent buildings, have a total of 7 apartments, which have been meticulously renovated, and are being offered completely turnkey right down to kitchen items and all linens. Sale includes all furniture, artwork, appliances (including washer/dryer in every unit). Building has an elevator, lobby, and sprinkler system. The property is very well maintained. Great income opportunity both for long term leasing, and vacation rental. Each unit has a short term rental license. Also there is a garage and storage area with separate pedestrian door and window to Burgundy Street, which has commercial and/or storage possibilities. 6 apartments are located in 3308 Burgundy, and 835 Piety on the corner of Burgundy and Piety has one large 2 story unit with 5 bedrooms/3.5 baths, large kitchen, dining and living area. Well-known neighborhood offers classic New Orleans architecture, music clubs, restaurants and art. Nearby is Crescent Park, which has a levee trail for biking and walking along the Mississippi River. Close to the French Quarter and Frenchmen Street as well. Entire property zoned HMC-1.

Property Features