427 Esplanade Ave, New Orleans, LA 70116

$365,000
2
BD
2
BA
682
SqFt

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List Price
$365,000
MLS#
2578945
Status
ACTIVE
Type
Condo
Style
Other
Bedrooms
2
Bathrooms
2
Living Area
682
Parish
Orleans

Property Description

RARE HOTEL-LICENSED INVESTMENT OPPORTUNITY in the Marigny Triangle across the street from the Historic French Quarter! One of only seven units in the building, this fully furnished, turnkey condo operates as a short-term rental with a HOTEL LICENSE IN PLACE, allowing for nightly rentals in one of New Orleans’ most sought-after visitor destinations.Ideally positioned where the French Quarter meets Frenchmen Street and the Mississippi Riverfront, the property is directly across Esplanade Avenue from the New Orleans Jazz Museum at the Old U.S. Mint and just one block from Crescent Park. Guests can walk to world-class dining, live music, nightlife, the French Quarter, Frenchmen Street and the riverfront.The two-level floor plan features two bedrooms and two full bathrooms, exposed brick walls, hardwood floors, a kitchen with stone countertops and stainless-steel appliances, programmable coded entry, and a full-size washer and dryer.Offered FULLY FURNISHED AND TURNKEY with the ability to rent nightly and an exclusive in-house booking service through BookNOLA. A compelling opportunity for an investor seeking an established hospitality property with the licensing, furnishings and infrastructure already in place—all in a premier New Orleans location.

Additional Information

Hoa Fee
$1,024
Roof
Other
Sewer
Public Sewer
Water
Public
Appliances
Dryer, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range, Oven
Heating
Multiple Heating Units
Cooling
Ceiling Fan(s), Multi Units, Window/Wall

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Listing courtesy of Crescent Sotheby's International.

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