720 Port St, New Orleans, LA 70117

Rare opportunity to create and renovate this 1850 Creole Cottage in the Marigny. 4 unit legal multifamily. This is not a novice project as it will take time, the finances, vision and creativity. In the National Registry of Historic Places per Louisiana Division of Preservation with eligibility of Federal tax credits and Faubourg Marigny Historic District-St. Claude Corridor tax credits to be verified by the buyer. Beautiful treed garden/courtyard filled with citrus trees separates the front 2 units from the back 2 units at rear of property. The garden enhances privacy for all living spaces. Transform the front two units into a gracious single residence and rent out the back two units. Prime location in the 700 block of Port St. If your dream is to have an historic Marigny home with rental income, this is your vision/dream come true. Original floors, 12 foot ceilings, many original cypress doors, clawfoot tubs in front duplex. Four separate electric meters and one water meter. Seller has lived in 720A since purchasing the property 27 years ago as well as having a writing/guest apartment in 722B. The two leased units, 722A and 720B, are tenant occupied requiring 24 notice to show. Apartment 722A will be vacant by 9/1/25. This opportunity should not be missed. Anticipated to sell quickly as this is truly a rare and raw jewel. 24 hour notice to show as owner/tenant occupied. Seller is currently updating water and sewer line from back to units to street/property disclosure being updated to reflect. This property is sold in its present condition. Property Disclosure also being updated by Seller.