1722 Esplanade Avenue
New Orleans, LA 70116
- 12 beds
- 11 baths
- 7,092 sqft
- $197 per sqft
- 1900 build
1722 Esplanade Avenue is a 10-unit historic building on the famous Esplanade Avenue in the vibrant Treme/Lafitte neighborhood, just blocks away from the French Quarter. This property is ready for a developer to bring it back to its full potential and create a large profit in doing so. The building contains ten (10) units with eight (8) 1 bedroom 1 bathroom units, one (1) 2 bedroom 1 bathroom unit, and one (1) 2 bedroom 2 bathroom unit. The units feature beautiful hardwood flooring, balconies, a fenced yard, and high ceilings. The highest and best use of this property is for a purchaser to buy the building and complete the necessary renovations ($217,762) to bring back to commerce. A condo conversion will then be completed and each condo sold off separately for a total of $2,315,000. With the low cost basis and renovation budget, this will allow for a decent size profit for the developer of the project.
Last checked:
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Last updated Jun 20, 2024
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MLS# 2453397 —
The Building
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Year Built:1900
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Construction Materials:Wood Siding
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Architectural Style:Victorian
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Building Area Source:Assessor
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Roof:Shingle
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Foundation:Slab
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Exterior Features:Balcony
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Patio Features:Balcony
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Levels:Three Or More
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Stories:3
Interior
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Living Area:7092
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Living Area Source:Assessor
Location
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Cross Street:Esplanade & N Derbigny
The Property
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Parcel Number:208105508
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Property Type:Residential Income
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Property Subtype Additional:Apartment
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Property Subtype:Apartment
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Property Condition:Average Condition
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Lot Features:City Lot, Rectangular Lot
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Lot Size Dimensions:6720
Listing Agent
- Contact info:
- Agent phone:
- (504) 298-8631
- Office phone:
- (504) 298-8631
Taxes
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Tax Legal Description:SQS 230 231 LOT K 72 X 124 2. ESPLANADE AVE
Beds
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Bedrooms Total:12
Baths
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Full Baths:11
The Listing
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Current Price:$1,400,000
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Special Listing Conditions:None
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Buyer Brokerage Compensation:2.5
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Buyer Brokerage Compensation Type:Item1
Heating & Cooling
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Heating:Ductless, Wall Furnace
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Heating:Yes
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Cooling:Ductless, Wall Unit(s)
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
Parking
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Parking Features:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/12/24
Jun 12, 2024
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Listed / Active | GSREIN | $1,400,000 |