1831 N MIRO Street, New Orleans, LA 70119

$425,000 Asking Price

3 beds
2 baths
2,804  sqft
Built in 1927

Thank you for viewing, you will also be able to see pictures of the portfolio in this listing. Please read all public remarks! This beautifully renovated single family home built in 1928 is being sold fully furnished and can be utilized as a corporate/vacation home just 2 miles to the fabulous French Quarter offering the perfect location for your enjoyment and comfort. This home has approximately 1,900 square feet and features 3 bedrooms, 2 full bathrooms, spa tub, and two living rooms that can also be used as an additional bedroom. Indoor laundry, screened-in patio complete with BBQ grill, all within a 20-minute walk to Jazz Fest Fair Grounds this home provides easy access to some of the most vibrant attractions in the area. Thoughtful updates make it a perfect blend of old-world elegance and contemporary convenience. Here is a unique opportunity to own a piece of the city's rich history while enjoying all the amenities and cultural attractions the area has to offer. This profitable rental portfolio includes 2 doubles, 1 single-family home, 1 four-plex, and 3 fully furnished single-family corporate rental properties, collectively generating a minimum annual income of $259,000. Nestled in a city renowned for its jazz music, vibrant festivals, creole cuisine, and rich culture, these properties offer immense potential. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Each property has been meticulously renovated, offering a turnkey investment opportunity. Offered at $3.5 million, this portfolio represents a rare opportunity in a thriving market. Prospective buyers must sign a confidentiality agreement and provide proof of funds or bank approval. Measurements are deemed reliable, and are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence.

Features & Amenities

Interior

General:
Cable Ready,Ceiling Fans
Kitchen:
Dishwasher,Range/Oven,Refrigerator
Basement:
Piers Found
A/C:
Central Air Cool
Heating:
Central Heat

Exterior

General:
Brick Siding,Stucco Siding, Porch,Patio: Brick
Style:
Traditional Style

Construction

Roofing:
Asphalt Comp Shingle Roof
General:
Brick Const,Stucco, 1

Location

HOA Amenities:
18 x 11
County:
ORLEANS

Lot

Driveway:
No Parking
Zoning:
SQ 1180 LOT 21 OR 11 N MIRO 30 X 116 DBLE/BR 4/RM EA SIDE A/R
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:
WEICHERT, REALTORS - Prestige Homes

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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