20 Total Photos [Click to View All]

1201 B St Philip Street
New Orleans, LA 70116

$249,000 - Status: Active
SQFT: 1,964
MLS# 2571978

FEDERAL & STATE HISTORIC TAX CREDITS MAY BE AVAILABLE! Qualified purchasers may be eligible to recoup up to 45% of qualified rehabilitation costs, creating an exceptional opportunity to restore one of New Orleans' historic treasures.<br><br> A RARE RESTORATION OPPORTUNITY IN THE HEART OF TREME!<br><br> Prominently positioned on the highly visible corner of St. Philip Street and Henriette Delille Street, this iconic circa-1860 Creole Cottage offers the chance to own a remarkable piece of New Orleans history in one of the city's most culturally significant neighborhoods.<br><br> This architecturally significant property features two separate residential units, including one 2-bedroom, 2-bath residence and one 2-bedroom, 1-bath residence, providing outstanding flexibility for investors, developers, multi-generational living, or future income-producing opportunities.<br><br> Located directly across from Louis Armstrong Park and the legendary Congo Square, and just two blocks from the Historic French Quarter, this premier location places you within walking distance of world-class music, dining, festivals, entertainment, and the unmistakable culture that defines New Orleans.<br><br> This property is being offered individually for $249,000, or it may be purchased together with the neighboring property at 1205 St. Philip Street to create an extraordinary five-unit historic compound. Whether your vision is a private family estate, boutique hospitality concept, long-term investment, or an architecturally significant restoration project, the possibilities are exceptional.<br><br> THIS IS A TRUE RESTORATION PROJECT. The property is part of a succession, is being sold AS IS, and the seller will make no repairs.<br><br> Historic properties of this significance, in this location, with the potential benefit of historic tax credits, are becoming increasingly difficult to acquire.<br><br> Bring your vision, restore a New Orleans landmark, and create something truly extraordinary.<br><br>

Property Features

MLS#: 2571978
Zip: 70116
Subdivision:
Development:
Property Type: Multi Unit - Multiple
Number of Units: 2
Cooling: Central Air, Window Unit(s)
Days on Site: 16
Fenced: Yes
Heating: Central, Window Unit
Home Style: Duplex, Traditional
Lot Size:
Roof Type: Shingle
Stories: 3.0

Feature Descriptions

Exterior: Brick, Concrete, Wood Siding
Exterior Features: Balcony, Courtyard, Fence, Patio
Lot Description: City Lot, Rectangular Lot
Lot Dimensions: 31 x 75
Parking: None
Patio/Porch: Balcony, Patio
Property Condition: Average Condition
Sewer: Public Sewer
Units: 2
Water: Public

1201 B St Philip Street | MLS# 2571978

This multi-family property located at 1201 B St Philip Street, New Orleans, LA 70116 is currently listed for sale with an asking price of $249,000. Search New Orleans real estate on www.wendybenedetto.com today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty New Orleans
Agency Phone: (504) 862-0100

Shown By

Agency Title: Wendy Benedetto, LLC
Agency Phone: (504) 382-7492

IDX logo

Ask a Question

Ask a Question
  1. Select an Agent

Login to My Homefinder