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New Orleans, LA 70116 824 Royal Street

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Presented By: Michael Wilkinson with FQR Realtors - (504) 949-5400
  • MLS# 2436039
  • 02/27/2024
  • Request Tour
  • Request Info
  • Beds • 10
  • Full/Half Baths • 10 / 1
  • SQFT • 8,283

Home Details

Premium Commercial/Residential property centrally located on one of the best blocks of Royal Street in the French Quarter. New Orleans culture has never been more alive at any other property! Walking distance to St. Louis Cathedral, Jackson Square & the French Market--making this a high-demand area for all investors in search of a classic income producing property that stays steadily, fully occupied. Annual Rental Income ~$225,600/year across all units ($18,800/month). With excellent street visibility for the commercial space opening onto Royal Street, this property is sure to pique interest in the bustling foot traffic of this area of the Quarter. Current tenant of commercial space has been there for many years. Property offers one, 1st floor commercial space + 8 residential units total (studios, 1BR & 2BR units). 3-story front house includes commercial on 1st floor level. gorgeous & spacious 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on the 3rd floor. Back house includes two 1BR/1BATH units and four studio/1BATH units. Both houses surrouding a large, lush courtyard area with indoor and outdoor stair access to units. Carriage way entry area can easily be converted into parking for 3+ cars with curb cut out already in place. First time on the market in over 70 years! Don’t miss your chance to own a piece of rare history in the New Orleans French Quarter.
Presented By: Michael Wilkinson with FQR Realtors - (504) 949-5400

Interior Features for 824 Royal Street

Bedrooms

Total Bedrooms10

Bathrooms

Full Baths10
Half Baths1

Other Interior Features

LivingAreaSourceAppraiser
Air Conditioning Y/NYes
Heating Y/NYes

General for 824 Royal Street

Architectural StyleCreole
CityNew Orleans
Construction MaterialsBrick, Concrete
CoolingCentral Air, Ductless, Wall Unit(s)
CountyOrleans
Days on Market731
Exterior FeaturesBalcony, Courtyard, Fence
HeatingCentral, Ductless, Wall Furnace
Legal Description1. SQ 47 LOT 17 ROYAL 42X127
LevelsThree Or More
NumberOfUnitsTotal9
OwnerPaysWater
Patio/Porch FeaturesBalcony
Pool FeaturesNone
PostalCityNew Orleans
Property ConditionVery Good Condition
Property Sub Type AdditionalCommercial, Residential
Property SubTypeMixed Use
Property TypeResidential Income
RoofSlate
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories3
Structure TypeTownhouse
Tax Lot17
Tenant PaysElectricity, Gas
Total Rooms0
Year Built1814

Exterior for 824 Royal Street

Foundation DetailsSlab
Lot Dimensions42X127
Lot FeaturesCity Lot, Rectangular Lot
Lot Size Acres0
Lot Size Area0
Parking FeaturesAttached, Covered, Three or more Spaces
Water SourcePublic

Additional Details

Price History

Rodrick McIntosh

Broker / CEO
Price $3,575,000
MLS#2436039
List Date 02/27/2024
Property Type Multi-Family
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