522-24 Burgundy St
For Sale3 Units100% OccupiedSeller Financing Available

522-24 Burgundy St

New Orleans, LA 70112  |  Orleans Parish
$660,000
$660,000List Price
3Units
3 x 1BR / 1BABeds / Baths
2,175Total Sq Ft
1850Year Built
$303.45Price / Sq Ft
$5,200Monthly Rent

Property Overview

$5,200 per month in actual gross rents, 100% occupied. Seller financing available.

522-524 Burgundy Street blends historic charm and classic architecture across three residential units totaling 2,175 square feet. The residence features central air, loft bedrooms and a rear courtyard, capturing the essence of French Quarter living.

The property is move in ready and well suited for use as a primary residence, second home or stable rental investment in a high demand location. The 500 block of Burgundy Street offers a quieter setting while still just steps from world class dining, shopping and entertainment. Seller financing available: 30 yr amortization, 5 to 7 yr balloon, 20% minimum down, rate negotiable.

Interested in this property?

Contact the listing team for showings, rent details and financing questions.

Contact the AgentsCall Bryce

Unit Mix

UnitBedsBathsSq Ft
Unit C11875
Unit B11650
Unit A11650

Square footage is per the MLS and is approximate.

Income Summary

Gross monthly rent (per MLS)$5,200
Gross annual rent (calculated)$62,400
Price per unit (calculated)$220,000
Gross rent multiplier (calculated)10.6x

Rents are as reported in the MLS. Where units are vacant, market rent may be carried in the figures. Buyers should verify all income and expense information.

Property Details

MLS #2524060
StatusActive
Property typeMulti-Family (3-plex)
Total units3
Total living area2,175 sq ft
Year built1850
Stories2
Lot size32 x 63 (0.05 acres)
StyleCreole cottage
ConstructionBrick, stucco
RoofSlate
FoundationSlab
ConditionExcellent
FeaturesCourtyard
Heat / airCentral
Electric paid byTenant (Entergy)
Water paid byOwner
Bounding streetsToulouse, St Louis

Photo Gallery

Contact the Listing Team

Bryce Danna-Marullo

Listing Agent

Call (504) 301-5583Email

Mason McCullough

Bridgewater Realty Advisors

Call (504) 298-8631Email

Bridgewater Realty Advisors, LLC  |  3501 Severn Ave, Suite 19, Metairie, LA 70002  |  (504) 901-0463