23
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$459,999
Est. payment /mo
1,627 SqFt
Price Dropped by $15K
2614 BANKS ST New Orleans, LA 70119
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,627 sqft
Price per Sqft $282
MLS Listing ID 2552187
HOA Y/N No
Year Built 1936
Lot Size 2,291 Sqft
Acres 0.0526
Property Description
Excellent Mid-City investment opportunity on a lovely, oak-lined stretch of Banks Street. Located two blocks from the thriving and expanding BioDistrict New Orleans, one block from the new Trader Joe's, and minutes to Downtown and the French Quarter. This renovated 5-bedroom, 2.5-bath property is commercially zoned MU-1 and currently operates as a successful Commercial Short-Term Rental (CSTR), generating approximately $85,000 annually. An active, transferable CSTR permit is in place. Renovated three years ago, the home features new Hardie siding, recent foundation and pier work, durable and low maintenance vinyl plank flooring, and an inviting backyard complete with a hot tub and fire pit.
Link to AirBnb listing: https://www.airbnb.com/rooms/1502298458211171176?viralityEntryPoint=1&s=76&source_impression_id=p3_1775841129_P3Wb8CrS5r8EUzwG&scroll_to_review=1632845323869448496
Link to AirBnb listing: https://www.airbnb.com/rooms/1502298458211171176?viralityEntryPoint=1&s=76&source_impression_id=p3_1775841129_P3Wb8CrS5r8EUzwG&scroll_to_review=1632845323869448496
Location
State LA
County Orleans
Zoning MU-1
Interior
Fireplace No
Exterior
Parking Features Driveway, Off Street, One Space
Water Access Desc Public
Building
Lot Description City Lot, Rectangular Lot
Dwelling Type Mixed Use
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 105202304
Special Listing Condition None
Listed by Collab Realty, LLC
NEARBY SCHOOL & BUSINESS
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