Filters Reset
Save Search
0 Properties
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 799,000
Est. payment /mo
Active
1400 GOVERNOR NICHOLLS ST New Orleans, LA 70116
12 Beds
6 Baths
4,914 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,914 sqft
Price per Sqft $162
MLS Listing ID 2532374
Style Traditional
Bedrooms 12
Full Baths 6
Construction Status Very Good Condition
HOA Y/N No
Year Built 1910
Lot Size 6,076 Sqft
Acres 0.1395
Property Sub-Type Other
Property Description
Great opportunity for buyers looking to avoid Standard financing. Bond for deed terms are as follows: Only 15% down payment. Financing terms include a 6% interest rate for Years 1–3, followed by a 7% interest rate for Years 4–5. Rare and highly enticing opportunity to own a corner stucco 6-plex in the heart of Historic Treme—one of New Orleans' most vibrant and culturally rich neighborhoods. This income-producing property features separate water and electric meters and currently generates $6,702 per month, with projected rents exceeding $8,000 at full occupancy. If you are investors seeking strong cash flow or owner-occupants wanting to live in one unit while the others offset expenses. Enjoy a charming gated shared courtyard and an unbeatable location just one block from Esplanade Avenue and only steps from the French Quarter. Walk to iconic historic shops, renowned neighborhood restaurants, local bars and pubs, coffee houses, and the very best tours and attractions the Quarter has to offer. Seller is offering creative financing for up to 5 years with negotiable terms—an exceptional chance to own a prime New Orleans asset and elevate your investment portfolio. Measurements are approximate and should be verified by purchaser and/or purchasers agent. Seller requires all buyers to view property prior to submitting an offer!
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features None
Pool None
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID 208104015
Special Listing Condition None
Listed by Demand Realty
Schools Near
GET MORE INFORMATION
Trusted Partners
Mortgage Calculator
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
