837 839 Jackson Avenue
New Orleans, LA 70130
- 8 beds
- 10 baths
- 5,441 sqft
- $477 per sqft
- 1860 build
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. This one will move quickly, don't sleep on this great investment opportunity.
Listing courtesy of GSREIN / LaNasa Realty, Inc
Last checked:
Checking…
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Last updated Feb 6, 2025
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MLS# 2486006 —
The Building
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Year Built:1860
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Construction Materials:Brick
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Architectural Style:Traditional
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Building Area Source:Appraiser
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Roof:Shingle
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Foundation:Raised
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Levels:Two
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Stories:2
Interior
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Living Area:5441
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Living Area Source:Appraiser
Location
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Cross Street:Jackson and Laurel
The Property
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Parcel Number:411107901
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Property Type:Residential Income
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Property Subtype:Mixed Use
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Property Subtype Additional:Commercial, Residential
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Property Condition:Very Good Condition
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Lot Features:City Lot
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Lot Size Area:0.0926
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Lot Size Acres:0.0926
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Lot Size Dimensions:4032
Listing Agent
- Contact info:
- Agent phone:
- (504) 336-4050
- Office phone:
- (504) 336-4050
Taxes
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Tax Legal Description:SQ 101 JACKSON AVE AND LAUREL ST LOT 1A 64.02X63 839 JACKSON AVE
Beds
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Bedrooms Total:8
Baths
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Full Baths:8
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Half Baths:4
The Listing
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Current Price:$2,600,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:Yes
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Cooling:Central Air
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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 |
---|---|---|---|---|
2/5/25
Feb 5, 2025
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Listed / Active | GSREIN | $2,600,000 |