524 Governor Nicholls St, New Orleans
$1,250,000
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518 Governor Nicholls St, New Orleans
$1,000,000
0 Beds
0 Baths
.11 Acres
No Garage
This 150+ year old building is a phenomenal Historic Tax Credit Opportunity. Priced BELOW the recently appraised value & situated in an excellent French Quarter Location! Architectural drawings & Part 1 of the historic tax credits have already been completed. Further Details: - All VCC violations have been remedied. - Exterior has been repaired. - Beautiful architectural details throughout. - Part 1 of the tax credits have been approved. - Full construction estimate completed for complete renovation (available upon request). - Full set of architectural drawings completed. **Depending on the Buyer/Developer, tax credit potential could be a sizable portion of the estimated costs to complete the buildings (25% State & 20% Federal)**
Essential Information
MLS® #NO2024005947
Price$1,000,000
Bathrooms0.00
Acres0.11
TypeResidential Income
Sub-TypeApartment
StatusActive
Community Information
Address518 Governor Nicholls St
SubdivisionOther
CityNew Orleans
CountyOrleans
StateLouisiana
Zip Code70116
Interior
AppliancesCooktop
HeatingNone
CoolingNone
Exterior
ExteriorBrick
Exterior FeaturesBalcony
Lot DescriptionCity Lot
RoofSlate
ConstructionBrick
FoundationRaised, Slab
School Information
ElementaryOrleans Paris
MiddleOrleans Paris
HighOrleans Paris
Additional Information
Days on Market9
HOA Fees0.00
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