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520 Opelousas Avenue
New Orleans, LA 70114

$599,000 - Status: Active
MLS# 200JMT

Whether you're a long-time investor or new to the game, this fully turnkey property is a great opportunity in Algiers Point! This triplex sits on tree-lined Opelousas Street and is just minutes from the ferry to downtown. It offers a longstanding history of success as a commercial short-term rental. The storefront unit would be a great space to utilize as an art studio or other commercial space. This studio unit is fully open concept and offers TALL ceilings and a modern, industrial vibe. Your upstairs unit is a 1 bed/ 1bath with an eye-catching mural and a large living space. The third unit is townhouse-style with 2 beds and 1 bath. There is a separate entrance for a well-sized laundry and storage space. Whether you're looking to occupy a unit yourself or keep them all as rentals, the location and charm can't be beat! Local places like Little House Wine Bar, Barracuda Taco Stand, Congregation Coffee, The Drift Inn Diner, & Tout de Suite Cafe are all close by - ensuring you and your guests have lots to experience in this amazing neighborhood! Recent upgrades include a new roof installed in 2022 and individual mini-split systems in each unit. HU-MU Zoning. Being sold fully furnished! Schedule a time to see this one ASAP! Owner/Agent.

Property Features

MLS#: 200JMT
Zip: 70114
Subdivision: Algiers Point
Development:
Property Type: Multi Unit - Multiple
Number of Units: 3
Cooling: Ceiling Fan(s), Ductless (Mini-Split)
Days on Site: 2
Heating: Ductless (Mini-Split)
Home Style: Other, Traditional
Lot Size: 0.04 acres
Roof Type: Shingle
Taxes: $6,607
Year Built: 1918

Feature Descriptions

Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater
Community Features: Curbs, Playground, Street Lights, Sidewalks, Close to Library, Close to Public Transportation
Exterior: Other, Wood Siding
Exterior Features: Awning(s)
Fencing: None
Flooring: Other, Tile, Wood
Interior Features: Open Floorplan, Varied Ceiling Heights
Laundry: In Unit, Multiple Locations
Lot Description: Corner Lot
Lot Dimensions: 25 x 68
Parcel#: 520-OPELOUSASAV
Parking: None
Parking Notes: None
Security: yes
Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System Owned
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Water: Public
Window: Wood Frames

Local Schools

School District: Orleans Parish

520 Opelousas Avenue | MLS# 200JMT

This multi-family property located at 520 Opelousas Avenue, New Orleans, LA 70114 is currently listed for sale with an asking price of $599,000. Opelousas Avenue is located within the Orleans Parish school district. Search New Orleans real estate on www.riccire.com today.

Listed By / Shown By

Listed By

Agency Name: Crescent City Living, LLC
Agency Phone: 504-327-5303

Shown By

Agency Title: Ricci Real Estate
Agency Phone: (504) 372-0050

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