$665,000
Pending
50 Days Online
8 Beds3 Baths3,113 SQFT
Pending

2501 Royal Street New Orleans, LA 70117

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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

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Monthly Payment (Est.)

$3,231
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