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259 61 Pine Street New Orleans, LA $ 599,000
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$ 599,000 Get more info
259 61 Pine Street
$ 599,000
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259 61 Pine Street

New Orleans, LA, 70118
$ 599,000
Bedrooms2 Baths3.0 Sq 1,760

Monthly Estimate*

$ 4,184

259 61 Pine Street, New Orleans, LA 70118 - Image 1
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Multi-Family Home for sale in New Orleans, LA

for $599,000 with 2 bedrooms and 3 full baths. This 1,760 square foot home was built in 1915 on a lot size of 0.124.

Excellent historic double shotgun opportunity Uptown a couple blocks from Audubon Park and the universities. Oversized lot with driveways on each side and two large storage buildings in the fenced backyard. The property features two very functional large 1 bedroom layouts that include flex space, high-end kitchen and bath finishes, and gleaming hardwood floors. 261 Pine has 2 full baths. New roof and HVAC added in 2013. A charming and quiet block lined with cute cottages. A short walk to the park, farmer’s market, streetcar, and levee. Currently at 100% occupancy with steady rental income history generating $3,900/mo. This is a smart opportunity for a future owner-occupant with rental income or keep as a fully leased investment.

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Multi-Family Contingent

Price

$ 599,000

Bedrooms

2

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Craftsman

Lot Size

0.124

Year Built

1915

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2440962
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Asphalt Shingle
Exterior Features Fence Porch Permeable Paving Patio
Patio/Porch Features Patio Porch
Architectural Style Craftsman
Pool Features None
Construction Materials Wood Siding
Year Built 1915
Tenant Pays Electricity Gas Water
Stories 1
Levels One
Property SubType Duplex
County Orleans
Property Type Residential Income
Contingency None
Total Rooms 0
Status Active Under Contract
City New Orleans
Buyer Agent Compensation 3
Total Units 2
Street Name PINE
Year Built Details Remodeled and renovated in 2013
Home Warranty Y/N 0
Property Condition Excellent
Days on Market 27
Standard Status Active Under Contract
Tax Lot 10A
Property Sub Type Additional Duplex
Buyer Agent Compensation Type %
Legal Description GREENVILLE SQ 43 LOT 10A PINE 45X120 259-61 PINE ST DU-W
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Exterior
Parking Features Three or more Spaces Driveway
Lot Features City Lot Oversized Lot
Water Source Public
Lot Size Area 0.124
Foundation Details Raised
Lot Dimensions 45x120
Lot Size Acres 0.124
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Full Baths 3
Half Baths 0
Street Suffix Street
Total Bedrooms 2
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* Excluded Features
List By
Crescent Sotheby's International Realty

Broker

Maryfrances.parker@sothebysrealty.com

Email

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$4,184
Per Month
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Monthly Principal & Interest
$4,184
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/15/2024$599,000 -6.26% Price Down
3/28/2024$639,000 Listed Price

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259 61 Pine Street, New Orleans, LA, 70118 is a Multi-Family Home for sale at $599,000 with 1,760 sqft and a lot size of 0.124. 259 61 Pine Street has 2 bedrooms, 3.0 baths, and was built in 1915. The property's zip code is 70118 which is in New Orleans, LA

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