833 Burgundy #1,3,5 St, New Orleans
$625,000
Three condos for the price of one-- a three story 1830’s American Townhouse, originally designed as a single-family residence but currently sub-divided into three condos; to be sold as a package. The residence is eligible for up to “45% in Historic Tax Credits” to renovate this classic building (exposed brick, cypress floors, 13ft ceilings and two fireplaces per story) to one’s specific desires for pennies on the dollar. Keep one and rent two? Keep one and sell the other two? Combine two and rent the third? Gather a couple friends and each purchase a unit and design the perfect French Quarter getaway? Located on Mardis Gras parades routes of “Barkus” and “Krewe of Boheme”; the condos are ideal for entertaining in a friendly residential neighborhood, a short walk to Bourbon St and a block from Armstrong Park and the Rampart streetcar. The building is sold “as is” and is one of two separate structures on the lot. As the seller owns both buildings, it allows for few shared costs between buildings and most notably “no condo fees”.
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