839 PINE Street, New Orleans, Louisiana, United States, 70118

1,550,000
for Sale
7
4

About the property:

839 PINE STREET | UPTOWN NEW ORLEANS | HISTORIC CHARM & INCOME POTENTIAL Step into a piece of New Orleans history at 839 Pine Street, an extraordinary circa-1906 historic residence nestled in the heart of coveted Uptown. Offering an impressive 6,024 square feet of living space, this one-of-a-kind property seamlessly blends timeless architectural elegance with modern versatility, making it ideal as a distinguished private residence or an exceptional investment opportunity. APPRAISED VALUE: $2,011,000 The main residence features 5 spacious bedrooms, 3 bathrooms, soaring ceilings, and the rich architectural details that define New Orleans' most treasured historic homes. An inviting front porch welcomes you home, while the private courtyard provides the perfect setting for relaxing, entertaining, or enjoying the charm of this iconic neighborhood. EXCEPTIONAL INCOME-PRODUCING POTENTIAL Adding tremendous value is a separate 2-bedroom apartment currently rented for $2,000 per month. The main residence has previously rented for $6,000 per month, presenting the potential for a combined rental income of $8,000 monthly, or $96,000 annually, when both spaces are rented at those respective rates. This presents an attractive opportunity for investors seeking rental income, owner-occupants looking to offset ownership expenses, or buyers interested in multigenerational living. Additional highlights include a 2-car attached garage, a highly desirable feature in Uptown, and the added benefit of being located in an X Flood Zone. Perfectly positioned just three blocks from historic St. Charles Avenue and only minutes from Audubon Park, Tulane University, world-class dining, shopping, and entertainment, this remarkable property offers the very best of Uptown living. Rarely does a property combine historic character, exceptional square footage, a prime location, a separate income-producing apartment, and significant rental potential in one offering. 839 Pine Street is a truly exceptional opportunity to own one of Uptown New Orleans' distinctive historic properties, with the flexibility to enjoy its character while exploring its income-producing possibilities.
Property Type:
Duplex
Status:
for Sale
House Style:
Traditional
Bedrooms:
7
Bathrooms:
4
Full Bathrooms:
4
Acres:
0.1653
Square Feet:
6024
Central A/C:
Yes
Central A C Details:
CentralAir
Water:
Public
Garage And Parking:
Covered, Garage
Heating:
Central
Exterior:
Balcony, Courtyard, Fence
Sewer:
PublicSewer
Cross Street:
Maple, Burthe, Broadway
Association Fee:
0
Is Garage:
Yes
Is Apartment:
Yes
Is Front Porch:
Yes
Is Investment:
Yes
Is Investment Opportunity:
Yes
Listing ID:
2568046

Rooms

Dimensions

Brokered by:
Homesmart Realty South
Presented By: