3912 Saint Claude Av, New Orleans
$395,000
RARE OPPORTUNITY ON THREE LOTS IN THE BYWATER PRICED TO MOVE!
2024 Orleans Assessment shows property value based on comps of $297,500 land and $272,500 structure. That is a total current market value of $570,000. At $395,000 purchase price, when you net out the assessed land value of $297,500 (for a rare 88'X115' TRIPLE lot!) it’s only $97,500 for the building, which is under $23 per foot for this beautiful, historic 4,244 sf structure that has a 3-year-old ~$20k roof, antique wood floors, and “old growth” true dimension framing. Built to last.
Zoned: HMC-2[Historic Marigny/Treme/Bywater Commercial District], Land Use: MUHC [Mixed Use, Historic Core]. Flood Zone X.
It is recognized by the Historic District Landmarks Commission [HDLC] and is likely ELIGIBLE FOR TAX CREDITS.
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