1027 NINTH Street, New Orleans, LA 70115

$895,000 Asking Price

5 beds
5 baths
3,412  sqft
Built in 1923

This is an excellent opportunity to own a versatile property which is situated just a few steps away from Magazine Street. It is ideal for business owners who need a live-work space or a second home with tenants who can provide additional income. This property was previously used as a law office and provides an amazing living space. The commercial space is a pet grooming business, which allows potential buyers to start earning immediately. The location of the property is perfect as it offers great visibility and foot traffic due to its proximity to Magazine Street. The fully furnished rental unit has a private street entrance and large yard access. With a perfect blend of residential and commercial utility, this property provides an unparalleled opportunity to invest in one of the city's most coveted locations. Whether you're a business owner seeking a fantastic live-work solution, or an investor looking for a diverse income-producing property, this listing is definitely worth considering.

Features & Amenities

Interior

Kitchen:
Dishwasher,Microwave,Range/Oven,Refrigerator
Basement:
Slab: Traditional Found
A/C:
Central Air Cool
Heating:
Central Heat

Exterior

General:
Wood Siding, Balcony
Style:
Other Style

Construction

Roofing:
Asphalt Comp Shingle Roof
General:
2

Location

HOA Amenities:
12.6000-13.5000
County:
ORLEANS

Lot

Driveway:
No Parking
Zoning:
SQ 125 LOT 17 NINTH 31X125
Fencing:
Other Fence,Wood Fence

Utilities

Utilities:
ELEC: Entergy,GAS: Other
Water:
Public Sewer,Public Water
Sewer:
Public Sewer,Public Water

This listing courtesy of:
Keller Williams Realty New Orleans

About New Orleans, LA

Housing

Number of Units
211,830
Median Home Value
$302,277
Median Rent
$892

51.16% of housing units are renter occupied.

14.16% are vacant.

Commute

Car
63.54%
Public Transportation
4.28%
Walk to Work
3.84%
Work from Home
25.07%
Other
1.15%

The median travel time to work is 20 minutes.

People

Population
415,974
Median Age
38.90
Median Household Size
2.25

Education

High School
22.72%
Associate’s Degree
5.07%
Bachelor’s Degree
21.76%
Graduate Degree
17.45%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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