1525 27 Melpomene Street New Orleans, LA 70130
Listing Courtesy of: GULF SOUTH / Coldwell Banker Tec / Sarah T Aucoin

  1525 27 Melpomene Street New Orleans, LA 70130

Active (9 Days)
$1,030,000
5
BED
4
BATH
3,240
SQFT

Description

Welcome to an extraordinary estate nestled amidst the enchanting beauty of the historic Garden District. Just steps from vibrant parade routes, charming streetcars, and the pulse of downtown nightlife, this income-producing gem offers an unparalleled fusion of elegance and opportunity.

This majestic double, steeped in architectural brilliance, spans nearly 1,700 square feet on each side, exuding both charm and sophistication. Vaulted ceilings create an airy grandeur, while expansive bedrooms provide a serene retreat. Every corner of this property has been lovingly updated, boasting high-end appliances, modern conveniences, and a state-of-the-art security system complete with cameras for your peace of mind.

Step outside to discover meticulously designed outdoor entertaining areas, perfect for hosting under the stars or enjoying quiet moments surrounded by lush greenery. With off-street parking for three vehicles, you'll enjoy both convenience and a touch of luxury.

Imagine the freedom of owning mortgage-free, as this property’s proven short-term rental income potential soars. With $140,000 in rental income for 2022 and $160,000 for 2023, this estate is not just a home—it’s an investment in your future.

Situated in coveted Flood Zone X, flood insurance is not required, offering yet another layer of security and ease.

This is more than a residence; it’s an invitation to a lifestyle rich in culture, history, and prosperity. Don’t miss your chance to own a piece of New Orleans' magic. Your dream estate awaits!

MLS #:
2479423
Lot Size
3,929 SQFT
Type
Multifamily
Year Built
1920
Style
Colonial
County
Orleans Parish
Community
Not a Subdivision

Listed By

Sarah T Aucoin, Coldwell Banker Tec
Source
GULF SOUTH
Last checked Dec 23 2024 at 1:25 AM GMT-0500
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathrooms: 2
Interior Features
  • Laundry: In Unit
Subdivision
  • Not A Subdivision
Lot Information
  • Rectangular Lot
  • City Lot
Property Features
  • Foundation: Raised
Heating and Cooling
  • Gas
  • Central
  • Central Air
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
  • Energy: Insulation
Parking
  • Driveway
Stories
  • 2
Living Area
  • 3,240 sqft
Location
   
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Disclaimer: Copyright 2024 Gulf South Real Estate Information Network. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/22/24 17:25