4851 Magazine Street

Description

Dont miss this rare opportunity to own a piece of New Orleans magic"perfectly positioned on a Mardi Gras parade route and one of the most vibrant blocks of world-famous Magazine Street. This walkers paradise boasts a 95 Walk Score and offers everything that makes Uptown living so special: sprawling oak trees, classic New Orleans architecture, and unbeatable proximity to the citys best restaurants, bars, and boutiques.Relax on the spacious front porch and watch the parades roll by, or host your own celebration from the wrought iron fenced front yard. This two-story classic camelback exudes curb appeal and authentic character, featuring soaring ceilings, heart pine floors, and well-proportioned rooms throughout. Enjoy a private backyard, great for pets, entertaining, or grilling under the stars. While the house is configured as two generous units, it offers incredible flexibility for homeowners or investors alike. Zoned HU-B1, the property allows for commercial, residential, or live/work use, providing exceptional versatility in one of the citys strongest retail corridors. Currently operating as a licensed, non-commercial short-term rental with 2024 gross earnings of $74,008 excluding owners unit, the property delivers impressive cash flow and endless potential"whether youre seeking a primary residence, investment property, or mixed-use opportunity in the heart of Uptown New Orleans.