Serving the New Orleans Metropolitan Area

837-839 Jackson Ave New Orleans La For Sale

  • $2,600,000.00
837, Jackson Avenue, Lower Garden District, Garden District, New Orleans, Orleans Parish, Louisiana, 70130, United States

837-839 Jackson Ave New Orleans La For Sale

837, Jackson Avenue, Lower Garden District, Garden District, New Orleans, Orleans Parish, Louisiana, 70130, United States
  • $2,600,000.00

Overview

Property ID: 2486006
  • Residential
  • Property Type
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 5441
  • sqft

Description

UNICORN INVESTMENT OPPORTUNITY! This outstanding building has FOUR TRANSFERABLE Commerical 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 boasts 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, 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. 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.

  • Address 837 Jackson Ave New Orleans LA
  • City New Orleans
  • State/county Louisiana
  • Zip/Postal Code 70130
  • Area uptown
  • Country United States

Details

Updated on February 23, 2025 at 9:34 am
  • Property ID: 2486006
  • Price: $2,600,000.00
  • Property Size: 5441 sqft
  • Land Area: 4032 sqft
  • Bedrooms: 8
  • Bathrooms: 8
  • Property Type: Residential
  • Property Status: Active
  • Price: 478

Additional details

  • Unicorn Investment Opportunity 4 plex with STR permits For Sale : 2600000.00

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Brenna White
  • Brenna White