518 Governor Nicholls Street New Orleans, LA 70116
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)**
- Property TypeMulti-Family
- NeighborhoodOther
- CountyOrleans
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site11 Days
- MLS StatusActive
- MLS ID Number2448128
- Home Size Source Appraiser
- Year Built1852
- Lot Size0.11 Acres
- Full Baths5
- Partial BathsN/A
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Learn MoreRecent Activity For 518 Governor Nicholls Street New Orleans, LA 70116
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General Features
- Style Traditional
- Construction Brick
- Parking None
- Sewer Public Sewer
- Number of Stories 4
- Acreage 0.11
- Water Public
- Cross Street Decatur St., Ursulines Ave., Chartres St.
- Property Sub Type Apartment
- Foundation RaisedSlab
Interior Features
- Cooling None
- Heating None
Exterior Features
- Roof Slate
- Exterior Balcony
- Lot City LotRectangular Lot
- Patio And Porch Balcony