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1835 Burgundy St, New Orleans, LA, 70116

$1,200,000

Home List Price

$10,000*

Closing Credit

8 Full Baths
2,680 SqFt
$448/SqFt
Condo
Schools Nearby

Location

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1835 Burgundy St, New Orleans$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Year Built1982
HeatingOther
CoolingWindow Unit(s)
MLS #2450132
StatusActive

About 1835 Burgundy St

1835 Burgundy Street is a one of a kind 8-unit apartment building in the highly sought-after Marigny Triangle market, just blocks from the French Quarter. Each unit is legally described as a separate condominium which provides for an excellent exit strategy for potential buyer. This is an great opportunity for a buyer to purchase 8-unit package, sell (6) of the condos at market value ($200k) to recoup total investment, and then keep (2) of the condos as an owner's unit or as rental units. Property is offered in its entirety units 1-8. Each studio unit offers a perfect blend of modern convenience and ample living space. The property includes garage parking and gated security for tenants. Building also includes a large deck on the second floor with view of the French Quarter. Investors will have the opportunity to increase monthly gross income by $2,800 which includes raising the current rental rates to market as well as renting out the garage space for $200 per month. This is a chance to own an extraordinary asset in one of the best locations in the New Orleans area. Do NOT disturb tenants

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1982
  • Stories: 2
  • Living Area: 2,680 SqFt

Listing Office:

  • Office Name: Bridgewater Realty Advisors, LLC
  • Office Phone: (504) 298-8631
  • Listing Agent: Bryce Danna-Marullo
  • Agent Phone: (504) 301-5583

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 8

Exterior Features

Exterior Information:

  • Exterior: Balcony, Fence

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • McDonogh #35 College Preparatory School, Public District Grades 9-12
  • Eleanor Mcmain Secondary School, Public District Grades 7-12
  • Benjamin Franklin Elementary Math and Science, Public District Grades PK-8
  • Mahalia Jackson Elementary School, Public District Grades PK-2
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $448/SqFt

Tax Information:

  • Annual Amount: $4,853
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2450132

Listing Office:

  • Office Name: Bridgewater Realty Advisors, LLC
  • Office Phone: (504) 298-8631
  • Listing Agent: Bryce Danna-Marullo
  • Agent Phone: (504) 301-5583

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Last updated on: 6/15/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,853$33,380
2019$5,043$33,380
2018$5,143$33,380
2017$4,911$33,380

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1399055
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 2.26 miles

  • Public District Grades PK-2

school-card-donut-1399056
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 3.25 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1399057
5
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 4.40 miles

  • Public District Grades PK-8

High School

school-card-donut-1399058
6
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 0.33 miles

  • Public District Grades 9-12

school-card-donut-1399059
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 3.50 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1835 Burgundy St

What is the listing price of this property?

The listing price of 1835 Burgundy St property is $1,200,000.

What type of property is this?

The property 1835 Burgundy St is a condo located in New Orleans, Louisiana, 70116.

Is this property for sale now?

Active Listing: 1835 Burgundy St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1835 Burgundy St are:
Mahalia Jackson Elementary School: GreatSchools Rating 2/10
Mary Bethune Elementary Literature/Technology: GreatSchools Rating 5/10
Benjamin Franklin Elementary Math and Science: GreatSchools Rating 5/10
McDonogh #35 College Preparatory School: GreatSchools Rating 6/10
Eleanor Mcmain Secondary School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,853 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1835 Burgundy St has 8 bathrooms..

What is the square footage of this property?

The property 1835 Burgundy St is 2,680 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1835 Burgundy St is 1982.

Rocket Homes›Louisiana›Orleans County›New Orleans›70116›1835 Burgundy St

This home is located at 1835 Burgundy St in New Orleans, LA and zip code 70116 in the Marigny neighborhood. This 2,680 square foot home was built in 1982. Features: 8 bathrooms. It has been listed on Rocket Homes since June 07, 2024 and is currently priced at $1,200,000.

From Rocket Homes Real Estate and based on county public records data.

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