$783,000

4 Beds
2 Baths
1,586 Sqft
0 Acres
Has Garage

$95K+ in Gross Revenue for 2025! HOTEL LICENSE IN PLACE + DEEDED AND GATED/SECURED PARKING SPOT INCLUDED!
Parking spot grosses an additionally $500 per month average. Rent your vacation home 365 days a year! - DEEDED AND GATED/SECURED PARKING SPOT INCLUDED! Parking spot grosses an additional $500 per month on average. Projected 2026 Revenue is $95k+ in gross earnings for condo + parking spot. High yielding investment property with built in management. Custom cabinets, Bosch appliances, and new flooring throughout. Parking is an assigned garage parking space attached to the building. Capitalize on your investment by renting both your condo and parking space out 365 days a year. Tenants and owners get full use of all building amenities incl: terrace, fitness center, business center, media and game room. Centrally located in CBD, walking distance to Tulane, VA, and University Medical Centers. Walk two blocks to Superdome/Smoothie King Arena or French Quarter. RARE opportunity to own a vacation rental condo in New Orleans! Hotel license in place, transferable to new buyer.

Essential Information
MLS® #2521466
Price$783,000
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage1,586
Year Built1950
TypeResidential
StatusActive
Sub-Type

Condominium, Mid-Century Modern

Community Information
Address1111 Tulane Av 716
CityNew Orleans
CountyOrleans
StateLouisiana
Zip Code70112
Amenities
PoolNone
Parking

Assigned, Garage, Parking Available, One Space

Interior
HeatingCentral
CoolingCentral Air
FireplacesNone
# of Stories9
Interior Features

Ceiling Fan(s), Carbon Monoxide Detector, Elevator, Stainless Steel Appliances

Appliances

Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer

Exterior
ExteriorConcrete
Lot DescriptionCity Lot
RoofAsphalt, Flat
ConstructionConcrete
FoundationSlab
Additional Information
Days on Market140
Property History
Price Reduced from $784,000 to $783,000
Price Reduced from $789,000 to $784,000
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