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1030 Burgundy St 2 Unit Apartment Building $1,938,456 CAD ($969,228 CAD/Unit) 4.63% Cap Rate New Orleans, LA 70116
Investment Highlights
- Situated just steps from the vibrant heart of the Quarter.
Executive Summary
A rare French Quarter gem, this fully leased multifamily property at 1030 Burgundy Street offered investors an exceptional opportunity to own a slice of New Orleans history with modern rental performance. Situated just steps from the vibrant heart of the Quarter, the property features two fully rented units totaling approximately 3,600 SF — a spacious main house (~2,750 SF) currently leased for $3,500/month, and a charming guest house (~850 SF) renting for $2,000/month.
Behind its historic facade lies a lush private courtyard and sparkling pool, delivering an unmatched indoor-outdoor lifestyle that’s nearly impossible to replicate in this location. This turnkey asset blends classic architectural character with strong in-place income and lifestyle appeal, making it an ideal buy for investors seeking stability, upside, and iconic curb appeal in one of the most desirable neighborhoods in the city.
Behind its historic facade lies a lush private courtyard and sparkling pool, delivering an unmatched indoor-outdoor lifestyle that’s nearly impossible to replicate in this location. This turnkey asset blends classic architectural character with strong in-place income and lifestyle appeal, making it an ideal buy for investors seeking stability, upside, and iconic curb appeal in one of the most desirable neighborhoods in the city.
Property Facts
| Price | $1,938,456 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $969,228 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 4.63% | Building Size | 3,308 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1900 |
| Zoning | VCR-1 - Multi-Family Building | ||
| Price | $1,938,456 CAD |
| Price Per Unit | $969,228 CAD |
| Sale Type | Investment |
| Cap Rate | 4.63% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,308 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1900 |
| Zoning | VCR-1 - Multi-Family Building |
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Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (74)
Bike Score®
Biker's Paradise (100)
Property Taxes
| Parcel Number | 2-08-1-022-18 | Improvements Assessment | $107,125 CAD |
| Land Assessment | $34,620 CAD | Total Assessment | $141,745 CAD |
Property Taxes
Parcel Number
2-08-1-022-18
Land Assessment
$34,620 CAD
Improvements Assessment
$107,125 CAD
Total Assessment
$141,745 CAD
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1030 Burgundy St
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