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Listing Courtesy Of:
CBTEC MAGAZINE, Sarah Aucoin
Local Realty Services Provided By:
Keller Williams Realty Crescent City Westbank Partners
Overview
What It'll Cost
Neighborhood
Similar Homes
1525 27 MELPOMENE Street, New Orleans, LA 70130
5 Beds
1525 27 MELPOMENE Street, New Orleans, LA 70130
Estimation provided by Keller Williams Realty Inc.
5 Beds
Active
For Sale
Property Description
Welcome to an extraordinary estate nestled amidst the enchanting beauty of the historic Garden District. Just steps from vibrant parade routes, charming streetcars, and the pulse of downtown nightlife, this income-producing gem offers an unparalleled fusion of elegance and opportunity.
This majestic double, steeped in architectural brilliance, spans nearly 1,700 square feet on each side, exuding both charm and sophistication. Vaulted ceilings create an airy grandeur, while expansive bedrooms provide a serene retreat. Every corner of this property has been lovingly updated, boasting high-end appliances, modern conveniences, and a state-of-the-art security system complete with cameras for your peace of mind.
Step outside to discover meticulously designed outdoor entertaining areas, perfect for hosting under the stars or enjoying quiet moments surrounded by lush greenery. With off-street parking for three vehicles, you'll enjoy both convenience and a touch of luxury.
Imagine the freedom of owning mortgage-free, as this property’s proven short-term rental income potential soars. With $140,000 in rental income for 2022 and $160,000 for 2023, this estate is not just a home—it’s an investment in your future.
Situated in coveted Flood Zone X, flood insurance is not required, offering yet another layer of security and ease.
This is more than a residence; it’s an invitation to a lifestyle rich in culture, history, and prosperity. Don’t miss your chance to own a piece of New Orleans' magic. Your dream estate awaits!
This majestic double, steeped in architectural brilliance, spans nearly 1,700 square feet on each side, exuding both charm and sophistication. Vaulted ceilings create an airy grandeur, while expansive bedrooms provide a serene retreat. Every corner of this property has been lovingly updated, boasting high-end appliances, modern conveniences, and a state-of-the-art security system complete with cameras for your peace of mind.
Step outside to discover meticulously designed outdoor entertaining areas, perfect for hosting under the stars or enjoying quiet moments surrounded by lush greenery. With off-street parking for three vehicles, you'll enjoy both convenience and a touch of luxury.
Imagine the freedom of owning mortgage-free, as this property’s proven short-term rental income potential soars. With $140,000 in rental income for 2022 and $160,000 for 2023, this estate is not just a home—it’s an investment in your future.
Situated in coveted Flood Zone X, flood insurance is not required, offering yet another layer of security and ease.
This is more than a residence; it’s an invitation to a lifestyle rich in culture, history, and prosperity. Don’t miss your chance to own a piece of New Orleans' magic. Your dream estate awaits!
Property Details
Compare This Home
Overview
Property Type
Duplex
Property Size
Year Built
1920
Days on Site
102 Days
HVAC
Central, Gas, Central Air
Parking
Yes
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$1,030,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
12/13/2024
Listed
(+17.71% )
05/14/2021
Sold
(+218.18% )
06/21/2013
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
(+4.69% )
Land 7,860 +
Additions 75,370
2022
(+131.12% )
Land 7,860 +
Additions 75,370
2020
(-3.77% )
Land 7,860 +
Additions 19,640
2019
(-1.95% )
Land 7,860 +
Additions 19,640
2018
Land 7,860 +
Additions 19,640
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Lower Garden District
Car-Dependent
Walkable
Very Walkable
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