Address: 818 Bourbon St, New Orleans, LA 70116, USA
Property Description
818 Bourbon Street offers a rare opportunity to acquire a luxury French Quarter condominium portfolio on the iconic 800 block of Bourbon Street. The property consists of eight legal condominium residences featuring modern interiors, updated kitchens and baths, in-unit washer/dryers, and a new slate roof. Unit mix includes courtyard-facing residences and the signature Unit 2A with a coveted second-floor Bourbon Street balcony. Approximately $1,000,000 has been invested in renovations and condominium conversion. Currently generating $16,000 per month in rental income, the property offers flexibility for owner-occupancy, investment hold, or future individual unit sales. Features include: - 7 legal condominium units - Shared courtyard - Bourbon Street balcony unit - In-unit washer/dryers - Contemporary kitchens - Luxury bath finishes - New slate roof Seller owns seven condominium units. Details available upon request.