2501 Royal Street
New Orleans, LA 70117
- 8 beds
- 3 baths
- 3,113 sqft
- $198 per sqft
- 1922 build
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We're celebrating the Fed's recent interest rate cut with a price reduction on this triplex at 2501 Royal St. Now listed at $665,000, this property projects current market rents of $5,400/month with two current leases on month-to-month terms. The seller is also offering to upgrade to a Certified Fortified Roof with a full-price offer, which could significantly reduce insurance costs. Located in Flood Zone X, the most desirable zone in New Orleans. Downstairs are two renovated units (a 2-bed and a 3-bed), each with private entrances and all appliances including washers/dryers. The upstairs unit is a spacious 3-bedroom that has been restored, retaining historic features like original kitchen cabinets, apron sink, and large windows that fill the space with natural light. All units have separate electric meters; the owner only covers water, trash, and sewer. Happy tenants who pay rent on time. Prime location in the Marigny, just a short walk to the French Quarter and Bywater. Easy street parking. Rich history – inquire for more details. 2501 Royal St isn’t just a house—it’s a smart investment in an incredible historic New Orleans neighborhood.
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Last updated Nov 18, 2024
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MLS# 2448359 —
The Building
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Year Built:1922
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Year Built Details:Resale, Remodeled structural changes - all major mechanical systems i.e. HVAC
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Construction Materials:Brick, Wood Siding
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Architectural Style:Traditional
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Building Area Source:Appraiser
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Roof:Asphalt, Shingle
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Foundation:Slab
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Exterior Features:Balcony, Enclosed Porch, Porch
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Patio Features:Balcony, Porch, Screened
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Levels:Two
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Stories:2
Interior
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Living Area:3113
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Living Area Source:Appraiser
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Laundry Features:Laundry Room
Financial & Terms
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Home Warranty:No
Location
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Cross Street:Saint Roch, Royal
The Property
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Parcel Number:38W101607
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Property Type:Residential Income
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Property Subtype Additional:Triplex
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Property Subtype:Triplex
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Property Condition:Very Good Condition
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Lot Features:City Lot, Rectangular Lot
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Lot Size Dimensions:27X77
Listing Agent
- Contact info:
- Agent phone:
- (504) 321-3194
- Office phone:
- (504) 321-3194
Taxes
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Tax Lot:1
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Tax Legal Description:SQ 165 LOT 1 OR PT LOT 6
Beds
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Bedrooms Total:8
Baths
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Full Baths:3
The Listing
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Current Price:$618,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central, Window Unit
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Heating:Yes
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Cooling:Central Air, Window Unit(s)
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Pool Features:None
Parking
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Parking Features:None, Off Street
Extra Units
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# of Units Total:3
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/1/24
Nov 1, 2024
|
Sold | GSREIN | $618,000 | -7.1% |
|
10/6/24
Oct 6, 2024
|
Pending | GSREIN | $665,000 | |
|
9/18/24
Sep 18, 2024
|
Price Changed | GSREIN | $665,000 | -4.3% |
