1400 GOVERNOR NICHOLLS ST, New Orleans, LA 70116
1400 GOVERNOR NICHOLLS ST, New Orleans, LA 70116
1400 GOVERNOR NICHOLLS ST, New Orleans, LA 70116
1400 GOVERNOR NICHOLLS ST, New Orleans, LA 70116
1400 GOVERNOR NICHOLLS ST, New Orleans, LA 70116
1400 GOVERNOR NICHOLLS ST, New Orleans, LA 70116
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GL Realty Group LLC

GL Realty Group LLC

+1(985) 308-1460
$ 799,000
Est. payment | /mo

12 Beds

6 Baths

4,914 SqFt

Save
$ 799,000
Est. payment | /mo
Save

12 Beds

6 Baths

4,914 SqFt

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,914 sqft

Price per Sqft $162

MLS Listing ID 2532374

Style Traditional

Bedrooms 12

Full Baths 6

Construction Status Very Good Condition

HOA Y/N No

Year Built 1910

Lot Size 6,076 Sqft

Acres 0.1395

Property Sub-Type Other

Property Description

Great opportunity for buyers looking to avoid Standard financing. Bond for deed terms are as follows: Only 15% down payment. Financing terms include a 6% interest rate for Years 1–3, followed by a 7% interest rate for Years 4–5. Rare and highly enticing opportunity to own a corner stucco 6-plex in the heart of Historic Treme—one of New Orleans' most vibrant and culturally rich neighborhoods. This income-producing property features separate water and electric meters and currently generates $6,702 per month, with projected rents exceeding $8,000 at full occupancy. If you are investors seeking strong cash flow or owner-occupants wanting to live in one unit while the others offset expenses. Enjoy a charming gated shared courtyard and an unbeatable location just one block from Esplanade Avenue and only steps from the French Quarter. Walk to iconic historic shops, renowned neighborhood restaurants, local bars and pubs, coffee houses, and the very best tours and attractions the Quarter has to offer. Seller is offering creative financing for up to 5 years with negotiable terms—an exceptional chance to own a prime New Orleans asset and elevate your investment portfolio. Measurements are approximate and should be verified by purchaser and/or purchasers agent. Seller requires all buyers to view property prior to submitting an offer!

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Pool None

Water Access Desc Public

Roof Type Shingle

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 208104015

Special Listing Condition None

Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Demand Realty

NEARBY SCHOOLS & PROPERTIES

GL Realty Group LLC
GL Realty Group LLC

Broker, REALTOR® | License ID: 0995692370

+1(985) 308-1460 | glrealtygroup@gmail.com

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1400 GOVERNOR NICHOLLS ST