About This Home
This 0-bedroom, 0-bathroom multi-family at 2701 ST THOMAS in New Orleans, LA is listed for $539,000 ($308 per sqft). Built in 1956, the home offers 1,749 sqft of living space on a N/A lot.
Key Features
- Built in 1956
Property Details
Amenities
LOCATION, LOCATION, LOCATION!! An exceptional opportunity in the HEART of the highly desirable IRISH CHANNEL! 2701-05 St. Thomas Street offers something increasingly difficult to find: TWO SEPARATE RESIDENCES IN TWO SEPARATE STRUCTURES, creating tremendous flexibility for an owner occupant, investor, or anyone seeking additional independent living space.
The main residence features 2 separate bedrooms and 2 FULL baths, while the second cottage offers 2 bedrooms and 1 FULL bath. Live in one and enjoy rental income from the other, utilize both residences for your own needs, or add a unique Irish Channel property to your investment portfolio.
The cottage at 2705 St. Thomas is currently occupied by a WONDERFUL LONG TERM TENANT paying $1,400 per month! And the LOCATION is truly Outstanding!! Only FOUR BLOCKS from Magazine Street and surrounded by some of the neighborhood's most recognizable destinations, including Parasol's, Coquette, The Channel, Molly's Rise and Shine and District Donuts.
Everyday conveniences are nearby as well, including Breaux Mart and The Fresh Market. Enjoy an incredibly walkable neighborhood with restaurants, neighborhood bars, coffee shops, shopping and the energy of Magazine Street only minutes from your front door.
This is the kind of property that offers OPTIONS: owner occupancy with supplemental rental income, two independent residences for extended living needs, or a long term investment in one of New Orleans' most recognizable historic neighborhoods. TWO RESIDENCES. TWO SEPARATE STRUCTURES. ONE INCREDIBLE IRISH CHANNEL LOCATION. Schedule your private showing and experience everything 2701-05 St. Thomas Street has to offer!!
Monthly Cost Estimate
$2,883/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2701 ST THOMAS
New Orleans, LA 70130
Features & Amenities
Exterior Features
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 2701 ST THOMAS is listed at $539,000 ($308/sqft). The estimated monthly payment is $2,882 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1956. Exterior Features: Courtyard, Fence.
This property is listed by Chris Smith and can be reached at 5042312004.
