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Image 1 - 3037 Royal St, New Orleans, Louisiana, 70117 - House for sale
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Home For Sale In New Orleans, Louisiana
3037 Royal St, New Orleans, Louisiana, 70117

Home For Sale In New Orleans, Louisiana

house for sale
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Listed: 05/29/24

3037 Royal St, New Orleans, Louisiana, 70117

7 Bed:
4.5 Bath:
12,500 Sq Ft Living Area:
Save
Price
$ 1,45M

About This House

3037 Royal Street presents a unique opportunity with 4 apartment units and over10, 000square feet of office space available for sale. Two apartments are leased, one is owner-occupied, and the last is currently on the market, and all have been recently renovated. The rear commercial space is partially owner-occupied but will be delivered vacant at act of sale. It currently features 14 private office spaces, a large boardroom, a full kitchen area, commercial laundry facilities, approximately 800 square feet of double-height warehouse space, and several larger open office areas. With tax credits available for renovation, this fully sprinklered and elevator accessed property is ideal for an office user seeking space with additional income from the apartments, or an investor looking …  Full description

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French Market Housing & Living

Household Income

Median household income: $38,423
Number of households: 155,104
The average household income in New Orleans, LA grew from $36,999 to $38,423 in the past year. This data is an estimate based upon 155,104 households in New Orleans, LA.
The chart below presents how household income is distributed in New Orleans, LA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Orleans, LA compared to median property taxes around the country. The prevalent amount of property taxes in New Orleans, LA equals $3k+ , which is less than the national average.