$696,000
Accepting Backup Offers

1501 GOVERNOR NICHOLLS STREET

New Orleans, LA 70116
2680 sqft | 3 beds | 4 baths | #2488646
Browse 41 photos
Type:Purchase
Structure:2 Family
Zone:Residential

Description

This is a rare chance to own a stunning, turn-key home in a coveted location with income potential. Just steps from the French Quarter at Governor Nicholls and North Villere, this exquisitely renovated property is a true gem. Thoughtfully updated between 2021 and 2022, it features impeccable craftsmanship and high-end finishes throughout.
Currently configured as two residences:
Unit 1503 (Owner’s Unit) – 2-bed, 2.5-bath home
Unit 1501 – 1-bed, 1.5-bath apartment, leased for $1,600/month until May 2025
The Owner’s unit (1503) blends modern comfort with historic charm. The stylish living area boasts a sleek gas fireplace and a powder room finished with Fine Paints of Europe high-gloss paint. The chef’s kitchen features marble countertops, high-end appliances, ample cabinetry, a gas cooktop, and a double oven/microwave. A spacious den/sitting area opens to a charming porch and serene outdoor space. Upstairs, the primary suite offers a luxurious bath with an oversized shower, a walk-in closet with a washer/dryer, and ample storage. A second bedroom and full bath are bathed in natural light, with a French door leading to a private balcony.
The apartment unit (1501) has an open floor plan with modern convenience and timeless appeal. The kitchen, featuring quartz countertops, and a powder room are downstairs, along with under-stair storage. Upstairs, the bedroom, full bath, and laundry area open to a front-facing balcony.
A comprehensive renovation modernized the home with new plumbing, wiring, HVAC, doors, windows, flooring, appliances, insulation, and a new roof, making it highly energy-efficient with remarkably low power bills.
Flood Zone X – No flood insurance required
Off-street parking for one vehicle
Custom shades and blinds throughout
Low-maintenance exterior – ideal "Lock and Go" property
Move-in ready, every detail meticulously considered

  • Property Details
      • Lot DescriptionCityLot, IrregularLot
      • Exterior MaterialsBalcony, Porch
      • StyleTraditional
      • Sewer InformationPublicSewer
      • Property ConditionExcellent
      • Property TypePurchase
      • Original List Price$711,000
      • CountyOrleans
      • MLS #2488646
      • MLS #2488646
      • FoundationRaised
      • Utility SourcePublic
      • Cost696000
      • Property SubtypeDuplex
      • Square Feet2680
      • Year Built1945
      • Bedrooms3
      • Bathrooms4
      • Full Baths3
      • Half Baths2

Location

Troy Lawrence NMLS #1885144 | Magic Mortgage Inc NMLS #2654516Real Estate Group
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