520 Opelousas Avenue
New Orleans, LA 70114
- 4 beds
- 3 baths
- 2,990 sqft
- $190 per sqft
- 2022 build
Unique investment opportunity nestled beneath the sprawling oak trees of picturesque Algiers Point! This versatile triplex boasts a longstanding history of success as a commercial short-term rental, offering three well-appointed, sun-drenched units. Soaring ceilings in the studio (would make a great commercial space) and an artistic, industrial aesthetic captures a unique charm that sets the tone for the entire property. Upstairs is a 1 bed/1 bath sanctuary with a bedroom looking out at the oaks and funky painted wood floors. The back of the property features a 2 bed/1 bath townhouse style layout featuring charming hardwood floors. A separate entrance leads to a spacious laundry room and storage area, completing the functionality of this triplex. These apartments have been thoughtfully curated and exude a positive, creative energy, making them suitable for owner occupancy, long-term rentals, short-term stays, or a combination of commercial space and rentals. Recent upgrades include a new roof installed in 2022 and individual mini-split systems in each unit. HU-MU Zoning and potential opportunity to acquire the commercial STR business associated with this property. Don't miss your chance to own this exceptional triplex in Algiers Point, a gem with boundless potential and undeniable charm.
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Last updated Apr 13, 2024
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MLS# 2418943 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/11/24
Mar 11, 2024
|
Sold Subject To Contingencies | GSREIN | $569,000 | |
|
1/17/24
Jan 17, 2024
|
Price Changed | GSREIN | $569,000 | -3.4% |
|
10/20/23
Oct 20, 2023
|
Listed / Active | GSREIN | $589,000 | 214.1% (25.6% / YR) |