518 Governor Nicholls St, New Orleans
$1,000,000
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524 Governor Nicholls St, New Orleans
$1,250,000
0 Beds
0 Baths
.12 Acres
No Garage
Historic French Quarter redevelopment opportunity with compelling tax credit potential (***Part 1 of the tax credits is approved for both buildings***). Beautiful 150+ year old brick building priced below recently appraised value and situated in an excellent French Quarter location. Further Details: - Listed below appraised value. - Full set of architectural drawings completed. - All VCC violations have been remedied. - Exterior has been repaired including new louvered shutters. - Beautiful architectural details throughout. - Part 1 of the tax credits is approved. - Construction estimate for complete renovation cost (inquire for details). **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® #NO2024005965
Price$1,250,000
Bathrooms0.00
Acres0.12
TypeResidential Income
Sub-TypeApartment
StatusActive
Community Information
Address524 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 Market11
HOA Fees0.00
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