This rare and historic raised center hall cottage in the culturally significant Tremé district of New Orleans is now available. Recently affected by a fire, this remarkable property offers a unique redevelopment opportunity to preserve and modernize a piece of New Orleans history.
With its eligibility for historic tax credits, restore while maximizing financial incentives to offset constructions costs by 45% when holding it for at least 5 years. An additional dwelling (ADU) could be added to this large lot for affordable housing.
The Tremé is a vibrant neighborhood, and this property is close to historic City Park, Bayou St. John, and tree-lined Esplanade Avenue. It is a prime investment for developers, homeowners, or preservation enthusiasts.
Upstairs Unit (1) - 2,200 sf
A spacious 2,200-sf home with a classic center hall layout and stunning architectural details that include pocket doors and 7’ windows. The unit features three bedrooms, including a master suite with an ensuite bathroom, two full bathrooms, a large kitchen, a living room, and a sunroom.
Basement Units (2) - 1,100 sf each
Each 1,100-sf unit features two bedrooms, one bathroom, and living space, making these perfect for rental income or additional family accommodation.