524 GOVERNOR NICHOLLS ST
NEW ORLEANS, LA 70116
$1,250,000
5 Beds
8 Baths
4,687 Sq Ft
Status Active Under Contract
MLS# 2448126
Historic French Quarter redevelopment opportunity with compelling tax credit potential (***Part 1 of the tax credits is approved for both buildings***). Beautiful 150+ year old brick building priced below recently appraised value and situated in an excellent French Quarter location. Further Details: - Listed below appraised value. - Full set of architectural drawings completed. - All VCC violations have been remedied. - Exterior has been repaired including new louvered shutters. - Beautiful architectural details throughout. - Part 1 of the tax credits is approved. - Construction estimate for complete renovation cost (inquire for details). **Depending on the Buyer/Developer, tax credit potential could be a sizable portion of the estimated costs to complete the buildings (25% State & 20% Federal)**,
Details for 524 GOVERNOR NICHOLLS ST
Built in 1852
$267 / Sq Ft
0 parking spaces
None
None
26 Days on website
0.12 acres lot