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$ 275,000
Est. payment /mo
Price Dropped by $25K
1516 GENTILLY BLVD New Orleans, LA 70119
4 Beds
3 Baths
2,036 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,036 sqft
Price per Sqft $135
MLS Listing ID 2560300
Style Cottage
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1946
Acres 0.07
Lot Dimensions 35x93x32x108
Property Sub-Type Single Family Residence
Source ROAM MLS
Land Area 2036
Property Description
This Fairgrounds charmer offers 4 beds, 3 baths, and 1,904 square feet of flexible living that blends classic New Orleans character with practical income potential. The property functions as two units. The main floor features 3 bedrooms and 2 full baths, while the second floor is a private 1 bedroom, 1 bath studio style apartment with its own rear entrance. The upstairs unit is leased for 1,100 dollars per month on a month to month basis, and the tenant is willing to stay for built in income or move out if the new owner has other plans for the space. This setup offers strong flexibility for long term rental, short term use, guests, or extended family. Inside, the home welcomes you with warm original wood floors, tall ceilings, and sunlight from every direction. The living room offers plenty of space to gather or unwind, and the dining room sits at the heart of the home with easy access to a spacious kitchen with solid wood cabinetry and a footprint ready for your personal updates. All three downstairs bedrooms offer generous layouts and natural light. Two full baths and a convenient laundry area complete the main level. The upper apartment adds real value. A private exterior staircase leads to a bright living and sleeping area with its own kitchen and a full bath with a clawfoot tub. Whether used for steady rental income or as a separate living space, the options remain open. Outside, the fenced yard and screened front porch add comfortable outdoor areas and that signature New Orleans ease. Located steps from the Fairgrounds and minutes from Bayou St. John, City Park, restaurants, and coffee shops, this property sits in a high demand rental zone where opportunities like this rarely come available. Homes with built in income and this level of flexibility do not last. Schedule your showing today and explore the possibilities.
Location
State LA
County Orleans
Area 0.07
Interior
Cooling Central Air
Fireplace No
Exterior
Parking Features None
Utilities Available Natural Gas Not Available
Roof Type Shingle
Garage No
Building
Lot Description Other
Story Two
Foundation Raised
Water Public
Architectural Style Cottage
New Construction No
Others
Tax ID 37W300802
Virtual Tour https://www.propertypanorama.com/instaview/roam/2532157
Listed by Keller Williams Realty Serv.
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