New Orleans, LA 70117,2501 ROYAL ST
See all 32 photos
New Orleans, LA 70117,2501 ROYAL ST
New Orleans, LA 70117,2501 ROYAL ST
New Orleans, LA 70117,2501 ROYAL ST
New Orleans, LA 70117,2501 ROYAL ST

$618,000

Est. payment /mo

$665,000

7.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2501 ROYAL ST New Orleans, LA 70117

8 Beds

3 Baths

3,113 SqFt

SOLD DATE : 11/01/2024

Key Details

Sold Price $618,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,113 sqft

Price per Sqft $198

MLS Listing ID 2448359

Sold Date 11/01/24

Style Traditional

Bedrooms 8

Full Baths 3

Construction Status Very Good Condition

HOA Y/N No

Year Built 1922

Property Description

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.

Location

State LA

County Orleans

Rooms

Ensuite Laundry Laundry Room

Interior

Laundry Location Laundry Room

Heating Central, Window Unit

Cooling Central Air, Window Unit(s)

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Balcony, Enclosed Porch, Porch

Garage None, Off Street

Pool None

Water Access Desc Public

Roof Type Asphalt,Shingle

Porch Balcony, Porch, Screened

Parking Type None, Off Street

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 38W101607

Financing Conventional

Special Listing Condition None

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Cool Murphy, LLC
Bought with Cool Murphy, LLC

Erin Hardy

Rêve | Realtor | License ID: SALE.995691201-ACT

+1(504) 432-7928

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.