518 Governor Nicholls Street
New Orleans, LA 70116

  • – beds
  • – baths
  • – sqft

This 150+ year old building is a phenomenal Historic Tax Credit Opportunity. Priced BELOW the recently appraised value & situated in an excellent French Quarter Location! Architectural drawings & Part 1 of the historic tax credits have already been completed. Further Details: - All VCC violations have been remedied. - Exterior has been repaired. - Beautiful architectural details throughout. - Part 1 of the tax credits have been approved. - Full construction estimate completed for complete renovation (available upon request). - Full set of architectural drawings completed. **Depending on the Buyer/Developer, tax credit potential could be a sizable portion of the estimated costs to complete the buildings (25% State & 20% Federal)**,

The Gulf South Real Estate Information Network logo Listing courtesy of GSREIN / REVE, REALTORS

Last checked: Checking… • Last updated Apr 30, 2024 •

MLS# NO2024005947 —

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Sale history

Date Event Source Price % Change
4/23/24
Listed / Active GSREIN $1,000,000

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This multifamily located in French Quarter - CBD, New Orleans, LA 70116 is currently for sale for $1,000,000. 518 Governor Nicholls Street is a – square foot multifamily with – beds and – baths. 518 Governor Nicholls Street is in the French Quarter - CBD neighborhood of New Orleans and has a WalkScore® of 98, making it a walker’s paradise. This multifamily is in the attendance area of Mcdonough 35 Senior High School, Warren Easton High School, Bethune Elementary School, Elanor Mcmain Secondary School, New Orleans Charter Science And Math School, Hynes Charter School, Lusher Charter School, Benjamin Franklin Elementary School, Edna Karr High School, and Benjamin Franklin High School.

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