1418 Kerlerec St

New Orleans LA 70116

3200 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Active STR license! Averages $100k/year since 2017! This can be a turn-key investment: dedicated staff already in place (handyman, groundskeeper, and housekeeper), most furnishings can convey, and owner has a ready-to-go set of practices and everything one may need to register it with the city for STR. Currently the only permit in the square block. The property has stellar reviews on STR platforms. Fantastic location close to the FQ and Marigny. Classic New Orleans home with character and historic details, including original plaster arch. Friendly residential neighborhood. Perfect owner-occupant set up. Live in one unit and let the others pay your mortgage. Both upstairs and downstairs have a mother-in-law suite in the back, which can be rented as separate units. Live in one unit and rent 3! Short-term rental eligible. Currently permitted by the city for legal short-term renting. Great income-generator. Pre-sale appraisal completed, priced to sell. This gem was also pre-inspected prior to listing. Beautiful, Victorian Treme home, considered a double, but it has two extra studios for guests! 1418 Kerlerec has soaring ceilings, gleaming wood floors, original gorgeous woodwork, and more. Downstairs - two bedroom/1 bath with open floor plan (living/dining/kitchen),laundry, and two private bedrooms. Upstairs - three private bedrooms/1 bathroom with floor to ceiling windows in the front living room! The two studios are in the back of the house, one upstairs and one downstairs - accessible from the side door in the driveway and in the foyer in the front. Out back is a lovely, large yard with an out-building that houses a second washer and dryer, but has the potential to be converted to an office, studio or maybe a future pool house!