Created date: January 19, 2025
Date last updated: May 17, 2025
Property Description
WOW – Location, Condition, and Income — What More Could You Want?
Own a piece of History in an Unbeatable Location! This 4-unit income-producing Victorian property on Esplanade Avenue w/ Guest Cottage is conveniently located just 3 blocks from the French Quarter. Meticulously maintained, the building brims with historic charm, with each unit offering unique features and its own outdoor space, creating a distinct character for each residence.
This property features a flexible floor plan that could allow for units to be combined or reconfigured to maximize rental income. Unit B operates as a licensed Airbnb with outstanding reviews. Unit A, the owner-occupied, two-bedroom, front-facing two-story residence, features stunning hardwood floors, expansive floor-to-ceiling windows, and outdoor spaces that include a charming, covered porch and a second-floor balcony overlooking the historic Esplanade Avenue. Unit C is rented month-to-month by a long-term tenant, and Unit D is a spacious Creole Cottage nestled in a beautiful courtyard—a tropical paradise. This charming cottage boasts grand ceilings, a spacious bathroom, and a working fireplace, making it a great 30-day or long-term rental.
Each unit is equipped with central air and heat, separate gas and electric meters. A separate laundry building with three coin-operated washers and three dryers enhances practicality.