2501 Royal Street New Orleans, LA 70117
We're celebrating the Fed's recent interest rate cut with a price reduction on this triplex at 2501 Royal St. Now listed at $665, 000, this property projects current market rents of $5, 400/month with two current leases on month-to-month terms. The seller is also offering to upgrade to a Certified Fortified Roof with a full-price offer, which could significantly reduce insurance costs. Located in Flood Zone X, the most desirable zone in New Orleans. Downstairs are two renovated units (a 2-bed and a 3-bed), each with private entrances and all appliances including washers/dryers. The upstairs unit is a spacious 3-bedroom that has been restored, retaining historic features like original kitchen cabinets, apron sink, and large windows that fill the space with natural light. All units have separate electric meters; the owner only covers water, trash, and sewer. Happy tenants who pay rent on time. Prime location in the Marigny, just a short walk to the French Quarter and Bywater. Easy street parking. Rich history – inquire for more details. 2501 Royal St isn’t just a house—it’s a smart investment in an incredible historic New Orleans neighborhood.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyOrleans
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site49 Days
- MLS StatusPending
- MLS ID Number2448359
- Home Size Source Appraiser
- Year Built1922
- Lot Size0 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Style Traditional
- Construction BrickWood Siding
- Parking NoneOff Street
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0
- Water Public
- Cross Street Saint Roch, Royal
- Property Sub Type Triplex
- Foundation Slab
Interior Features
- Cooling Central AirWindow Units
- Heating CentralWindow Unit
- Laundry Features Laundry Room
Exterior Features
- Roof AsphaltShingle
- Pool Features None
- Exterior BalconyEnclosed PorchPorch
- Lot City Lot
- Patio And Porch BalconyPorchScreened