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Active
311 Exchange Place New Orleans, LA 70130
1,742.4 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID NO2523852
Lot Size 1742.400 Acres
Acres 0.04
Property Description
100% Leased & Renovated, $16,750 per month gross rent, Mixed-Use building. 311 Exchange Place offers the opportunity to own the "Edgar Degas House" a fully renovated historic property with a mix of residential and commercial space in the heart of the French Quarter. Featuring 5,857 square feet across multiple units, this asset combines irreplaceable French Quarter architecture with extensive modern upgrades including a new elevator and renovated interiors. The building's courtyard has been beautifully restored and its exterior proudly displays a commemorative plaque marking where Edgar Degas once painted, adding unique cultural value. Positioned on one of the Quarter's most desirable pedestrian corridors, this property benefits from strong year-round foot traffic and limited competing inventory making it an exceptional investment for long-term income and appreciation. Two ground floor commercial spaces and four spacious 2 bedroom, 1 bath apartments altogether. Seller financing available, 30 yr AM, 5-7 yr balloon, min. 20% down, rate negotiable.
Location
State LA
Interior
Heating Central
Cooling Central Air
Exterior
Exterior Feature Balcony
Parking Features None
Community Features Elevator
Garage false
Building
Foundation Slab
Level or Stories 3
Others
Tax ID 206102602
Acceptable Financing Owner Will Carry
Listing Terms Owner Will Carry
Listed by Bridgewater Realty Advisors, LLC